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(M9) March Highs Cleared (Time Stamp.....>

BUND TECHS
BUND TECHS: (M9) March Highs Cleared (Time Stamp Corrected)
*RES 3: 168.86 High June 24, 2016 (continuation chart)
*RES 2: 168.73 Channel top resistance
*RES 1: 167.50 Inverse head and shoulders target
*PRICE: 167.06 @ 04:38 GMT May 16
*RES 1: 166.75 High March 28
*SUP 2: 165.94/92 Low May 10,8
*SUP 3: 165.11 55-dma
*SUP 4: 164.82 Low May 3
Wednesday's break through the YtD highs has turned focus higher, with bulls now
looking to the inverse head and shoulders measured move which sits at 167.50. On
the downside a close back below 166 would shift the focus back to the 55-dma/May
3 low at 165.11/164.82. Below here is needed to suggest a downside reversal.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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