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(Z17) 21-DMA Support Remains Key *RES....>

BUND TECHS
BUND TECHS: (Z17) 21-DMA Support Remains Key
*RES 4: 163.14 Daily Bull channel top
*RES 3: 162.81 Monthly High Aug 29
*RES 2: 162.76 Bollinger band top
*RES 1: 162.42 High Aug 31
*PREVIOUS CLOSE: 162.15
*SUP 1: 162.02 Low Sept 4
*SUP 2: 161.66 Low Sept 1
*SUP 3: 161.55 21-DMA
*SUP 4: 161.14 Low Aug 18
*COMMENTARY: The lack of topside follow through Tuesday resulted in a sell-off
that broke the daily bull channel base and saw pressure back on 161.55-66 where
the 21-DMA is noted. Bears look for a close below the 21-DMA to add weight to
the case for a test of 160.29-52 where 55 & 100-DMAs & the bull channel base are
located. Bulls now need a close above 162.42 to return focus to 162.81-163.14
where the bull channel top is situated.

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