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(M9) Short Term Uptrend Gives Way *RES...>

BUND TECHS: (M9) Short Term Uptrend Gives Way
*RES 3: 170.00 Resistance 
*RES 2: 169.79 Channel top resistance 
*RES 1: 168.13 High May 29 
*PRICE: 167.84 @ 01:47 GMT May 30 
*RES 1: 167.52 Low May 28 
*RES 2: 166.69 Low 21-dma 
*SUP 3: 166.33 Low May 21 
*SUP 4: 165.94/92 Low May 10,8 
Bund futures have broken back below short term uptrend support from the May 22
lows shifting the near term outlook neutral. Bears need a break below Tuesday's
low at 167.52 to suggest a downside reversal towards the 21-dma at 166.69. Below
here would open the May 21 low at 166.33. Bulls need to recovery yesterday's
high at 168.13 to extend the rally to channel top resistance at 169.79. Above
here would open a run at the psychological 170 level.

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