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(Z17) Bears Now Need Close Below.........>

BUND TECHS
BUND TECHS: (Z17) Bears Now Need Close Below 162.15
*RES 4: 163.43 Monthly high Sept 8
*RES 3: 163.00 Daily Bull channel top
*RES 2: 162.89 Low Sept 11 now resistance
*RES 1: 162.44 High Oct 16
*PREVIOUS CLOSE: 162.44
*SUP 1: 162.40 Hourly resistance Oct 16 now support
*SUP 2: 162.15 High Oct 13 now support
*SUP 3: 161.85 Hourly resistance Oct 13 now support
*SUP 4: 161.57 Hourly resistance Oct 13a now support
*COMMENTARY: The 161.03-11 support region provided the base last week for a
break higher Friday and bullish close following a sharp narrowing of Bollinger
bands. The close above 162.15 Tuesday adds to bullish confidence and shifts
bullish focus to tests of 2017 highs. Layers of support are following the
contract higher. Bears now need a close below 162.15 to ease immediate bullish
pressure and below 161.57 to shift focus back to 160.59-161.07.

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