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

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.