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

BUND TECHS
BUND TECHS: (U17) 162.67 Resistance Remains Key
*RES 4: 163.07 100-DMA
*RES 3: 162.67 High July 24
*RES 2: 162.50 High July 27
*RES 1: 162.19 High July 31
*PREVIOUS CLOSE: 161.97
*SUP 1: 161.72 Low July 31
*SUP 2: 161.60 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 the 161.02-37 support region now key. Bears continue to
look for a close below 161.02 to end bullish hopes and confirm focus on
160.17-31. Bulls continue to look for a close above 162.67 to shift immediate
focus to 163.07-163.31 and overall focus back to 164.13. The Bollinger top
(162.65) is the key concern with potential to limit follow through.

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