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(M9) Double Top Potential *RES 4:........>

BUND TECHS
BUND TECHS: (M9) Double Top Potential
*RES 4: 169.17 Channel top resistance 
*RES 3: 168.86 High June 24, 2016 (continuation chart) 
*RES 2: 167.44 High May 15 
*RES 1: 167.41 High May 17 
*PRICE: 166.94 @ 01:47 GMT May 20 
*RES 1: 166.78 Low May 16
*SUP 2: 165.94/92 Low May 10,8 
*SUP 3: 165.23 55-dma 
*SUP 4: 164.82 Low May 3 
Bund futures came within touching distance of Wednesday's high on Friday but
failed to make the break, suggesting a potential double top. A break below
Friday's low at 166.78 would confirm, opening the the May 10,8 lows at
165.94/92. Bulls look to Friday's high at 167.41 with a break opening the ytd
high at 167.44 seen on Wednesday. 

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