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(U18) Hesitation Ahead Of 163.50 *RES....>

BUND TECHS
BUND TECHS: (U18) Hesitation Ahead Of 163.50
*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: 163.49 High Sep 3 
*PREVIOUS CLOSE: 163.20 
*SUP 1: 162.10 Low Aug 29
*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 Sep-18 Bund looks set for some near-term weakness following yesterday's
spike and subsequent reversal ahead of 163.50. Bulls need to reclaim this level
to keep the positive momentum intact and mount a run at the Aug 17 highs. Bears
need to close below the Aug 29 low of 162.10 to shift the outlook bearish and
retest up trendline support from the June lows.

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