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(Z17) 162.23 Support Remains Key *RES....>

BUND TECHS
BUND TECHS: (Z17) 162.23 Support Remains Key
*RES 4: 163.43 Monthly high Sept 8
*RES 3: 163.14 100-WMA
*RES 2: 162.89 Low Sept 11 now resistance
*RES 1: 162.83 High Oct 31
*PREVIOUS CLOSE: 162.49
*SUP 1: 162.44 Low Oct 31
*SUP 2: 162.23 Hourly resistance Oct 27 now support
*SUP 3: 161.85 Hourly support Oct 27 
*SUP 4: 161.63 Low Oct 27
*COMMENTARY: Topside hesitation continues which is less than ideal for bulls who
focus on 162.89-163.14. Bulls need a close above the 100-WMA to hint at a move
to 2017 highs (166.40) and above 163.43 Sept highs to confirm. Bears continue to
look for a close below 162.23 to ease bullish pressure and below 161.63 to shift
focus to 160.59-161.04 where the bull channel base is found. The Bollinger top
(162.99) is a concern for bulls with potential to limit follow through.

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