(U9) Focus still on 179.66 *RES 4:.......>

BUND TECHS: (U9) Focus still on 179.66

*RES 4: 180.05 1.00 projection of Jul 12-Jul 25 rally from the Aug 8 low

*RES 3: 180.00 Round number resistance

*RES 2: 179.66 Contract high Aug 15 and key resistance

*RES 1: 179.46 High Aug 28

*PRICE: 178.86 @ 02:46 GMT Sep 3

*SUP 1: 178.22 Low Aug 26

*SUP 2: 177.48 Low Aug 23 and bear trigger

*SUP 3: 176.96 Low Aug 9

*SUP 4: 176.45 38.2% retracement of Jul 12-Aug 15 rally

U9 Bund is consolidating within the recent sideways move that has developed

since Aug 15. For now, the focus remains on the 179.66 contract high. A break

would confirm a resumption of the uptrend & open the 180.05 Fibonacci

projection. On the downside, a move below 178.22, Aug 26 low & more importantly

177.48, Aug 23 low is required to highlight a top. Momentum in this instance

would likely be bearish, reinforcing the bearish significance of a break lower.