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(Z17) Bulls Focused On 163.43 *RES 4:....>

BUND TECHS
BUND TECHS: (Z17) Bulls Focused On 163.43
*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: 162.78 High Oct 17
*PREVIOUS CLOSE: 162.62
*SUP 1: 162.35 Low Oct 17
*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 163.43. Layers of support are following the contract
higher. Bears still 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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