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(Z17) Bears Look for Dip Back to.........>

BUND TECHS
BUND TECHS: (Z17) Bears Look for Dip Back to 160.24-65
*RES 4: 162.15 Hourly support Sept 12 now resistance
*RES 3: 162.07 High Sept 13
*RES 2: 161.82 High Oct 4
*RES 1: 161.66 High Oct 5
*PREVIOUS CLOSE: 161.35
*SUP 1: 161.05 Low Oct 5
*SUP 2: 160.91 Hourly resistance Oct 3 now support
*SUP 3: 160.65 Low Oct 3
*SUP 4: 160.24 Monthly Low Sept 28
*COMMENTARY: The lack of topside follow through the past two days and hesitation
ahead of the 161.82-162.15 region is a concern for bulls and hints at a move
back to the 160.24-65 region to end the week. Bears continue to look for a close
below 160.24 to pressure 159.58 and below this level to confirm overall focus on
tests of 157.55 July lows. Bulls now look for a close above 161.82 to gain
breathing room and above 162.15 to target 163.43 Sept highs.

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