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(H19) Bearish Divergence *RES 4:.........>

BUND TECHS
BUND TECHS: (H19) Bearish Divergence
*RES 4: 165.83 High Sep 5, 2017 
*RES 3: 165.00 Inverse head-and-shoulders target 
*RES 2: 164.15 High May 29 (continuation chart) 
*RES 1: 164.01 High Dec 20
*PRICE: 163.35 @ 04:45 GMT Dec 20 
*SUP 1: 162.53/83 Low Dec 13/21-dma 
*SUP 2: 161.88 Low Dec 3 
*SUP 3: 161.32 Low Nov 23 
*SUP 4: 161.10 Up trendline support from Oct lows 
German Bund futures have given back gains after breaking briefly above the 164
level yesterday with momentum indicators showing bearish momentum. Bears now
target the Dec 12 low/21-dma at 162.53/83, below which would shift the outlook
negative and open the Dec 3 lows at 161.88. Bulls need to recover yesterday's
high to re-establish upside momentum. 

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