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(Z17) 162.12-162.02 Support To Provide...>

BUND TECHS
BUND TECHS: (Z17) 162.12-162.02 Support To Provide Directional Clues
*RES 4: 163.43 Sep 8 high
*RES 3: 163.03 5 week bull channel top projection
*RES 2: 162.78 Oct 17 high
*RES 1: 162.56 Oct 19 high
*PRICE: 162.38 @1124GMT                                   
*SUP 1: 162.02/12 Hourly support
*SUP 2: 161.85 Hourly base Oct 27
*SUP 3: 161.41 Hourly low Oct 26
*SUP 4: 161.16 Initial rally high Oct 25, now support
*COMMENTARY* Has skipped through 162.23-162.30 resistance, now equalling the Oct
19 high at 162.56, before encountering some near term overbought conditions.
Looking to 162.12-162.02 to provide initial support and next clues as to
direction. A hold and the upside can venture back towards the Oct 17 high at
162.78 next. A loss and it's time to correct some of the recent gains from last
Wednesday's 160.76 low.

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