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(M9) Downtrend Resistance In View *RES...>

BUND TECHS
BUND TECHS: (M9) Downtrend Resistance In View
*RES 4: 166.83 High February 8 
*RES 3: 166.75 High March 28 
*RES 2: 166.00 High Apr 3,10 
*RES 1: 165.45/50 21-dma/down trendline resistance 
*PRICE: 165.16 @ 05:05 GMT Apr 24 
*SUP 1: 164.06 Low Apr 17 
*SUP 2: 163.63 Low Mar 19 
*SUP 3: 162.76 38.2% retracement of Sep-Mar advance 
*SUP 4: 162.42 Low Mar 1 
Bund futures remain on the front foot with the 165.48/50 resistance area marking
the 21-dma/down trendline resistance now coming into focus. A close above here
would bring the 166 level into focus with a break opening the March 28 highs.
Bears focus is on Thursday's low at 164.06. A close below here would bring the
March 19 low at 163.63 into play ahead of the 38.2% retracement at 162.76.

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