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(M9) Rally Extends *RES 4: 170.00........>

BUND TECHS
BUND TECHS: (M9) Rally Extends
*RES 4: 170.00 Resistance 
*RES 3: 169.72 Channel top resistance 
*RES 2: 168.00 Resistance 
*RES 1: 167.67 High May 27
*PRICE: 167.54 @ 02:10 GMT May 28 
*RES 1: 167.10 Low May 24 
*RES 2: 166.33/44 Low May 21/21-dma 
*SUP 3: 165.94/92 Low May 10,8 
*SUP 4: 165.66 55-dma 
Bund futures extended their rally as high as 167.67 yesterday and despite a
slight recovery in risk appetite the pullback off the high has remains shallow.
Yesterday's high is now the upside target with a break opening the 168 level
ahead of channel top resistance. Bears look for a break below Friday's low at
167.10 to build downside momentum towards the 21-dma/May 21 low at 166.44/33.
Below here sits the May 10,8 lows at 165.94/92.

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