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(U0) Corrective Pullback *RES 4:.........>

BUND TECHS
BUND TECHS: (U0) Corrective Pullback
*RES 4: 177.52 High May 15
*RES 3: 177.35 High May 18
*RES 2: 176.86 High Jun 29 and Jun 30 and the bull trigger
*RES 1: 176.20 High Jul 1
*PRICE: 175.24 @ 04:53 BST Jul 2
*SUP 1: 174.80 Low Jun 17
*SUP 2: 174.71 50.0% retracement of the rally between Jun 5 - 29
*SUP 3: 174.21 61.8% retracement of the rally between Jun 5 - 29
*SUP 4: 174.12 Low Jun 11
Bund futures reversed course yesterday with a sharp sell-off dragging futures
below the initial key support at 175.20, Jun 24 low. The sharp pullback has
defined a top at 176.86, Jun 29 and 30 high where a break is required to
reinstate a bullish outlook. Attention shifts to support at 174.80, Jun 17 low
and the next key support handle. The 50.0% retracement of the Jun 5 - 29 rally
is at 174.71. Initial resistance is at yesterday's high of 176.20.

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