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(U18) Below 21-DMA To Shift Focus........>

BUND TECHS
BUND TECHS: (U18) Below 21-DMA To Shift Focus Lower
*RES 4: 163.03 High May 30
*RES 3: 163.00 Bollinger band top
*RES 2: 162.57 High June 25
*RES 1: 162.37 High June 26
*PREVIOUS CLOSE: 162.06
*SUP 1: 161.75 Low June 26
*SUP 2: 161.26 Low June 21
*SUP 3: 161.18 21-DMA
*SUP 4: 160.22 High June 11 now support
*COMMENTARY: Support emerging on dips back towards the 21-DMA provided the
impetus for a rally Thursday that shifted immediate focus to 162.84-163.03 and
overall focus on 2018 highs & the weekly bear channel top (164.48). Bears need a
close below 161.75 to gain breathing room and below the 21-DMA to shift initial
focus back to 159.37-160.22 where the 55-DMA (159.66) is situated. Bulls look
for a close above 162.57 to add support to their case.

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