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(Z17) Above 163.43 Initially Targets.....>

BUND TECHS
BUND TECHS: (Z17) Above 163.43 Initially Targets 164.00-52
*RES 4: 164.52 Low Sept 1 now resistance (Cont)
*RES 3: 164.00 Low Aug 18 now resistance (Cont)
*RES 2: 163.47 Bollinger band top
*RES 1: 163.43 Monthly high Sept 8
*PREVIOUS CLOSE: 163.30
*SUP 1: 163.23 Hourly support Nov 7
*SUP 2: 162.95 Low Nov 7
*SUP 3: 162.61 Low Nov 3
*SUP 4: 162.23 Hourly resistance Oct 27 now support
*COMMENTARY: Bullish confidence grows with a close above the 100-WMA (163.18)
and immediate pressure on Sept highs. Bulls now look for a close above 163.43 to
shift focus to 164.00-52 and above 164.52 to target 165.83 Sept continuation
contract highs. Bears now need a close below 162.95 to ease immediate bullish
pressure and below 162.61 to shift initial focus to 161.89-162.23 and overall
focus back to the bull channel base (161.21).

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