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(Z17) 161.44-162.15 Resistance Region....>

BUND TECHS
BUND TECHS: (Z17) 161.44-162.15 Resistance Region Key
*RES 4: 161.71 21-DMA
*RES 3: 161.62 Low Sept 26 now resistance
*RES 2: 161.44 Hourly support Sept 25a now resistance
*RES 1: 161.37 High Oct 2
*PREVIOUS CLOSE: 161.12
*SUP 1: 161.04 Hourly support Oct 2
*SUP 2: 160.66 Low Oct 2
*SUP 3: 160.27 Bollinger band base
*SUP 4: 160.24 Low Sept 28
*COMMENTARY: Bulls take comfort in the bounce from Monday's low but the contract
remains capped ahead of the key 161.44-162.15 resistance region. Bulls need a
close above 161.44 to shift initial focus to 161.71-162.15 and above 162.15 to
target 163.43 Sept highs. While 162.15 caps bears retain the upper hand and look
for a close below 160.24 to reconfirm the bearish bias and below 159.58 to
confirm focus on tests of 157.55 July lows.

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