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(H19) Below 21-DMA Needed For Bearish....>

BUND TECHS
BUND TECHS: (H19) Below 21-DMA Needed For Bearish Reversal 
*RES 4: 165.00 Inverse head-and-shoulders target 
*RES 3: 164.15 High May 29 (continuation chart) 
*RES 2: 163.88 High Aug 17 (continuation chart) 
*RES 1: 163.63 High Dec 10 
*PRICE: 163.05 @ 04:34 GMT Dec 17 
*SUP 1: 162.53/46 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 
Friday's recovery shifted the near-term outlook neutral, neutralising
Wednesday's break below triple top neckline support. Bears now need to break
below the Dec 12 low/21-dma at 162.53/46 to reignite downside momentum. Bulls
look to close above 163.63 to extend the uptrend and open the Aug 17 highs on
the continuation chart.

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