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(Z17) 162.36-61 Support Region Key.......>

BUND TECHS
BUND TECHS: (Z17) 162.36-61 Support Region Key
*RES 4: 163.63 High Nov 8
*RES 3: 163.40 High Nov 9
*RES 2: 163.30 High Nov 22
*RES 1: 162.95 Hourly resistance Nov 24
*PREVIOUS CLOSE: 162.88
*SUP 1: 162.75 Daily Bull channel base
*SUP 2: 162.61 Low Nov 23
*SUP 3: 162.36 Hourly support Nov 14
*SUP 4: 161.99 55-DMA
*COMMENTARY: Narrowing Bolli bands (162.11-163.42) are suggestive of a breakout
this week. The daily bull channel base currently supports with bears needing a
close below 162.61 to ease bullish pressure and below 162.36 to shift focus to
161.63-99 where the longer-term bull channel base and 55-DMA are noted. Bulls
currently focus on the 163.40-63 region with a close above 162.95 needed to ease
pressure on support layers. Above 163.63 targets the bull channel top (164.76).

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