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(Z17) 161.03 & 161.82 Levels Remain......>

BUND TECHS
BUND TECHS: (Z17) 161.03 & 161.82 Levels Remain Key
*RES 4: 162.07 High Sept 13
*RES 3: 161.82 High Oct 4
*RES 2: 161.78 Bollinger band top
*RES 1: 161.68 High Oct 10
*PREVIOUS CLOSE: 161.53
*SUP 1: 161.11 Low Oct 11
*SUP 2: 161.03 Hourly support Oct 6
*SUP 3: 160.85 Hourly resistance Oct 6 now support
*SUP 4: 160.75 Bollinger band base
*COMMENTARY: The 161.03-11 support region has provided the base so far this week
with pressure remaining on the key 161.82-162.15 resistance region. Narrowing
Bollinger bands remain suggestive of a breakout. Bulls need a close 161.82 to
gain breathing room and above 162.15 to target 163.43 Sept highs. While 161.82
caps bears retain the advantage but continue to look for a close below 161.03 to
add weight to their case and below 160.25 to initially pressure 159.58-79.

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