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(Z17) 161.66-96 Support Region Key.......>

BUND TECHS
BUND TECHS: (Z17) 161.66-96 Support Region Key
*RES 4: 163.28 Daily Bull channel top A
*RES 3: 162.93 High Aug Sept 5
*RES 2: 162.68 Hourly resistance Sept 6
*RES 1: 162.41 Hourly support Sept 6 now resistance
*PREVIOUS CLOSE: 162.30
*SUP 1: 162.18 Daily Bull channel base B
*SUP 2: 161.96 Low Sept 5
*SUP 3: 161.77 21-DMA
*SUP 4: 161.66 Low Sept 1
*COMMENTARY: The Bollinger band top continues to cap/limit follow through with
the bearish close Wednesday seeing focus back on the 161.66-162.18 support
region. Bears look for a close below 161.66 to end bullish hopes and shift focus
back to 160.32-50 where 55 & 100-DMAs and bull channel base (A) are noted.
Layers of resistance are accumulating with bulls now needing a close above
162.41 to gain breathing room.

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