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(M9) Testing 21-DMA Support *RES 4:.....>

BUND TECHS
BUND TECHS: (M9) Testing 21-DMA Support 
*RES 4: 167.65 First Pivot Resistance (162.42 - 166.75) 
*RES 3: 166.83 High February 8 
*RES 2: 166.75 High March 28 
*RES 1: 166.00 High Apr 3 
*PRICE: 165.24 @ 05:00 GMT Apr 9 
*SUP 1: 165.22 21-dma 
*SUP 2: 164.62 Low March 22 
*SUP 3: 164.24 50-dma 
*SUP 4: 163.63 Low March 19 
Bund futures continue to hold above the their 21-dma but this level is at risk
of giving way as rallies have lacked any impulse. A close below the 21-dma would
open the March 22 low at 164.62 ahead of the 50-dma at 164.24. Bulls' focus is
on the 166 level marking the April 3 high. Above here would open the March 28
high at 166.75, above which would reignite positive momentum bringing the Feb 8
high back into play on the continuation chart.

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