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(U18) Bears In Charge Below 161.55.......>

BUND TECHS
BUND TECHS: (U18) Bears In Charge Below 161.55
*RES 4: 162.30 High July 30 
*RES 3: 162.05 High July 31 
*RES 2: 161.59 55-DMA 
*RES 1: 161.55 August 2 
*PREVIOUS CLOSE: 161.40 
*SUP 1: 161.17 Hourly Low August 2 
*SUP 2: 160.86 Low August 1 
*SUP 3: 160.75 Low June 15 
*SUP 4: 160.19 100-DMA 
Bulls recovered some losses yesterday but failed to close strongly keeping the
broader downtrend intact. Bulls will need to overcome 161.55 and the 55-DMA at
161.59 to shift the outlook neutral, and regain 162.05 to mount a bullish
reversal attempt. Should yesterday's lows give way, the August 1 low of 160.86
will be the last line of defense before the 100-DMA comes into play. 

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