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(H18) 163.17 Support Key Today *RES 4:...>

BUND TECHS
BUND TECHS: (H18) 163.17 Support Key Today
*RES 4: 164.74 Daily Bull channel top (off Oct 25 low)
*RES 3: 163.90 Daily Bull channel top (off Sept low)
*RES 2: 163.89 Low June 1 now resistance (Cont)
*RES 1: 163.67 Highs Dec 1 & 7
*PREVIOUS CLOSE: 163.44
*SUP 1: 163.17 Low Dec 8
*SUP 2: 162.79 Hourly support Dec 5
*SUP 3: 162.64 Alternating hourly support/resistance
*SUP 4: 162.35 Daily Bull channel base (off Oct 25 low)
*COMMENTARY: Friday's dip lacked follow through with 163.17 key today as bulls
focus on the triple daily top around 163.67. A break of 163.67 targets the top
of the channel off Sept lows and then the top of the channel off Oct 25 lows.
Bears now need a close below 163.17 to ease bullish pressure and below 162.64 to
shift focus to layers of support 161.92-162.35 where the 55-DMA & a channel base
are located.

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