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(U18) Key Resistance Continues To Cap....>

BUND TECHS
BUND TECHS: (U18) Key Resistance Continues To Cap
*RES 4: 164.19 2018 High May 29
*RES 3: 163.22 High July 13
*RES 2: 163.17 Bollinger band top
*RES 1: 163.00 Hourly resistance July 13
*PREVIOUS CLOSE: 162.82
*SUP 1: 162.49 21-DMA
*SUP 2: 162.40 Low July 11
*SUP 3: 162.26 Low July 10
*SUP 4: 162.06 Low July 5
*COMMENTARY: Another failure to gain topside traction is a concern for bulls.
Bulls continue to look for a close above 163.22 to add support to the case for a
test of the 164.19-36 region where 2018 highs and the weekly bear channel top
off 2016 highs are located. The 21-DMA remains initial support but bears still
need a close below 162.26 to confirm a break of the 21-DMA and shift initial
focus to 161.26-75.

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