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(H18) 162.64 Support Remains Key *RES....>

BUND TECHS
BUND TECHS: (H18) 162.64 Support Remains Key
*RES 4: 164.55 Daily Bull channel top (off Oct 25 Low)
*RES 3: 163.89 Low June 1 now resistance (Cont)
*RES 2: 163.83 Daily Bull channel top (off Sept Low)
*RES 1: 163.67 High Dec 1
*PREVIOUS CLOSE: 163.28
*SUP 1: 163.18 Hourly resistance Dec 5 now support
*SUP 2: 162.79 Hourly support Dec 5
*SUP 3: 162.64 Alternating hourly support/resistance
*SUP 4: 162.20 Hourly support Nov 30
*COMMENTARY: The 162.64 support confirmed significance with support emerging on
dips back towards this level and layers of support emerging adding to bullish
confidence. Bears continue to look for a close below 162.64 to ease bullish
pressure and shift focus to layers of support 161.49-93 where the 55-DMA is
located. Tuesday's relatively bullish close sees bulls initially focused on
163.67-89 with a close above targeting the ST bull channel top.

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