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(Z17) 160.85 Swing Target Protects.......>

BUND TECHS
BUND TECHS: (Z17) 160.85 Swing Target Protects Against 160.50-160.39 Fall
*RES 4: 162.45 Hourly recovery high Sep 12
*RES 3: 162.05/07 Sep 14, Sep 13 highs
*RES 2: 161.82 Sep 15 high
*RES 1: 161.43/51 Hourly resistance
*PRICE: 161.19 @1120GMT                                   
*SUP 1: 160.85 Hourly support
*SUP 2: 160.49/50 50% Fibo of 157.55-163.43, Aug 16 low
*SUP 3: 160.39 1% volatility band
*SUP 4: 159.99 Aug 7 low
*COMMENTARY* Monday saw a fresh low, as we approached 160.85, a minor swing
target of the recent 161.07-161.43 recovery. In the interim, will need to see
gains back above 161.43-161.51 now however, before the chances improve of a
better recovery of losses from 163.43, beginning with 161.82-162.07. Below
160.85 and not much currently showing until dual support from 160.49-169.50,
ahead of the lower 1% volatility band at 160.39.

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