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(M9) March Highs In Focus *RES 4:........>

BUND TECHS
BUND TECHS: (M9) March Highs In Focus
*RES 4: 168.86 High June 24, 2016 (continuation chart) 
*RES 3: 168.73 Channel top resistance 
*RES 2: 167.50 Inverse head and shoulders target 
*RES 1: 166.75 High March 28 
*PRICE: 166.65 @ 04:47 GMT May 15 
*SUP 1: 165.94/92 Low May 10,8 
*SUP 2: 164.82/165.04 Low May 3/55-dma 
*SUP 3: 164.06 Low Apr 17 
*SUP 4: 163.63 Low Mar 19 
Bund futures continue to head steadily towards the March 28 ytd highs at 166.75
with bulls looking for a break above this level to target 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 165.04/164.99. Below
here is needed to suggest a downside reversal.

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