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(U18) Downtrend Gaining Momentum *RES....>

BUND TECHS
BUND TECHS: (U18) Downtrend Gaining Momentum
*RES 4: 164.19 High May 29 
*RES 3: 163.92 High December 1, 2017 (Continuation chart) 
*RES 2: 163.88 High Aug 17 
*RES 1: 163.36 High Aug 27 
*PREVIOUS CLOSE: 162.24 
*SUP 1: 161.98 Low Aug 8 
*SUP 2: 161.60 Up trendline support from June lows 
*SUP 3: 160.86 Low Aug 1 
*SUP 4: 159.45 Low July 14
The downtrend in Sep-18 Bunds continues to gather pace with the close below the
55-dma yesterday adding to the downside momentum. The next level of support
comes in at the August 8 low and up trendline support from the June lows. Bulls
need to recover Monday's spike high at 163.36 to return the focus positive. 

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