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(Z17) Breaks Below 7 Week Rising.........>

BUND TECHS
BUND TECHS: (Z17) Breaks Below 7 Week Rising Support Line 
*RES 4: 163.43 Sep 8 high
*RES 3: 163.24 Sep 7 high
*RES 2: 162.88/91 Opening gap Sep 8-Sep 11
*RES 1: 162.54/64 Hourly resistance, Sep 11 low
*PRICE: 162.27 @1216GMT                                   
*SUP 1: 162.03/04 Aug 23-24 highs, now support 
*SUP 2: 161.96 Sep 5 low
*SUP 3: 161.66/72 Sep 1 low, Aug 11 high
*SUP 4: 161.18 38.2% Fibo of 157.55-163.43
*COMMENTARY* Friday's rise was stalled at 163.43, just ahead of the swing target
at 163.52. Now undergoing some correction and with the loss of the 7 week rising
support line, at 162.54 today, pressure is back on the Sep 7 low at 162.22.
Sustained break here and not much then ahead of 162.04-161.96. Next key level
below here is then the Sep 1 low at 161.66. In the meantime, look to 162.54 and
then Monday's 162.64 low for immediate resistance, the 162.88-162.91 gap above.

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