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(U17) 162.67 Resistance Remains Key......>

BUND TECHS
BUND TECHS: (U17) 162.67 Resistance Remains Key
*RES 4: 162.97 Daily Bull channel top
*RES 3: 162.67 High July 24
*RES 2: 162.50 High July 27
*RES 1: 162.14 Hourly support July 27 now resistance
*PREVIOUS CLOSE: 162.03
*SUP 1: 161.89 Hourly resistance July 28 now support
*SUP 2: 161.59 21-DMA
*SUP 3: 161.55 Hourly support July 28
*SUP 4: 161.37 Low July 28
*COMMENTARY: The break of the 161.56 support Friday lacked follow through with
the break reversed and a close that sees focus back to 162.14-67. Bulls continue
to look for a close above 162.67 to shift immediate focus to 163.05-163.31 and
overall focus back to 164.13. The Bollinger top (162.63) is the key concern for
bulls with potential to limit follow through. Bears now look for a close below
161.89 to gain breathing room and below 161.02 to target 160.17-31.

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