(U9) Uptrend firmly in place *RES 4:.....>

BUND TECHS: (U9) Uptrend firmly in place

*RES 4: 174.72 1.00 Fibonacci ratio of Apr 30-May 15 rally off Jun 27 low

*RES 3: 174.06 0.764 Fibonacci ratio of Apr 30-May 15 rally off Jun 27 low

*RES 2: 174.00 Round number resistance

*RES 1: 173.90 U9 contract high Jul 3

*PRICE: 173.65 @ 03:18 GMT July 4

*SUP 1: 172.91 Jun 25 high and former key bull trigger

*SUP 2: 172.46 Jun 28 low

*SUP 3: 171.92 Low Jun 27

*SUP 4: 171.33 Trendline support from the Apr 17 low

U9 Bund bullish trend conditions remain in place following strong gains this

week.The focus is now on the 174.00 handle with the next Fibonacci projections

at 174.06 and 174.72, 0.764 and equality of the Apr 30-May 15 rally from the Jun

27 low respectively. Momentum is overbought and has been for the most part since

late May. However this is not having any bearish impact on the uptrend which in

turn reinforces the current bullish market conditions. 172.91 supports.