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(U17) 162.50-63 Support Region Remains...>

BUND TECHS
BUND TECHS: (U17) 162.50-63 Support Region Remains Key
*RES 4: 164.43 Low June 19 now resistance
*RES 3: 164.13 Low June 16 now resistance
*RES 2: 163.51 High Aug 4
*RES 1: 163.26 Hourly support Aug 4 now resistance
*PREVIOUS CLOSE: 163.17
*SUP 1: 162.89 Low Aug 4
*SUP 2: 162.63 Low Aug 2
*SUP 3: 162.50 High July 27 now support
*SUP 4: 162.07 Hourly support Aug 1
*COMMENTARY: Bulls are struggling to gain traction above 55 (163.13) & 100
(163.14) DMAs with Friday's dip less than ideal. The 162.50-63 support region
remains key. Bears need a close below 162.50 to shift focus back to
161.02-162.07 where the daily bull channel base and 21-DMA (161.90) are noted.
The 163.51 resistance is key with bulls needing a close above to retain initial
focus on 164.13-43. The Bollinger top 163.27 is the key concern for bulls.

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