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(Z17) 7 Week Rising Support Line At......>

BUND TECHS
BUND TECHS: (Z17) 7 Week Rising Support Line At 162.41 Today
*RES 4: 164.15 1% volatility band
*RES 3: 163.52 1.618 swing of 162.81-161.66
*RES 2: 163.43 Sep 8 high
*RES 1: 163.15/25 Hourly resistance
*PRICE: 162.71 @1600GMT                                   
*SUP 1: 162.65 Hourly support 
*SUP 2: 162.41 7 week rising support line
*SUP 3: 162.22 Sep 7 low
*SUP 4: 161.96 Sep 5 low
*COMMENTARY* Friday's rise was stalled at 163.43, just ahead of the swing target
at 163.52. Now undergoing some correction, initially of gains seen since the Sep
7 low at 162.22, with support anticipated between 162.65-162.41. The latter is
the current level of the 7 week rising support line. Loss would caution and put
pressure back on that 162.22 level. Resistance meanwhile, comes from between
163.15-163.25, back above the latter currently needed to renew upside interest. 

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