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(Z17) 162.95 Support Remains Key *RES....>

BUND TECHS
BUND TECHS: (Z17) 162.95 Support Remains Key
*RES 4: 164.52 Low Sept 1 now resistance (Cont)
*RES 3: 164.00 Low Aug 18 now resistance (Cont)
*RES 2: 163.63 High Nov 8, Bollinger band top
*RES 1: 163.40 Hourly support Nov 8 now resistance
*PREVIOUS CLOSE: 163.24
*SUP 1: 162.95 Low Nov 7
*SUP 2: 162.61 Low Nov 3
*SUP 3: 162.23 Hourly res Oct 27 now support, 21-DMA
*SUP 4: 162.00 High Oct 26 now support
*COMMENTARY: The lack of follow through on fresh 3mth highs is a concern for
bulls and hints at a correction initially testing 162.95. Bears still need a
close below 162.95 to ease confirm an easing of bullish pressure, below 162.61
to shift initial focus to 161.92-162.23 and overall focus back to the bull
channel base (161.25). Bulls now need a close above 163.63 to reconfirm a
bullish bias initially targeting 164.00-52.

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