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(Z17) 161.31 & 162.15 Levels Remain......>

BUND TECHS
BUND TECHS: (Z17) 161.31 & 162.15 Levels Remain Key
*RES 4: 162.47 Alternating hourly support/resistance
*RES 3: 162.15 Hourly support Sept 12 now resistance
*RES 2: 161.98 High Sept 25
*RES 1: 161.95 21-DMA
*PREVIOUS CLOSE: 161.75
*SUP 1: 161.62 Low Sept 26
*SUP 2: 161.44 Hourly support Sept 25a
*SUP 3: 161.31 Hourly resistance Sept 25 now support
*SUP 4: 161.12 Low Sept 25
*COMMENTARY: The 55 & 100-DMAs (160.69-87) supported last week providing the
impetus for a break of 160.50 with bullish focus now on 162.15. Bulls continue
to look for a close above 162.15 to shift focus back to 162.89-163.43.
Correcting modestly O/S studies add support to the bullish case. Layers of
support are building with bears needing a close below 161.62 to gain breathing
room and below 161.31 to shift focus back to 160.50-87.

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