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(U17) Bulls Need Close Above 163.51......>

BUND TECHS
BUND TECHS: (U17) Bulls Need Close Above 163.51
*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: 163.31 Hourly resistance Aug 7
*PREVIOUS CLOSE: 163.17
*SUP 1: 163.03 Low Aug 8
*SUP 2: 162.84 Low Aug 7
*SUP 3: 162.63 Low Aug 2
*SUP 4: 162.50 High July 27 now support
*COMMENTARY: Bulls are struggling to gain traction above 55 (163.15) & 100
(163.20) DMAs with dips a concern. The 162.50-63 support region remains key.
Bears need a close below 162.50 to shift focus back to 161.37-162.13 where the
daily bull channel base and 21-DMA (162.03) 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 163.61 is the key concern for bulls.

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