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(Z17) Bulls Need Weekly Close Above......>

BUND TECHS
BUND TECHS: (Z17) Bulls Need Weekly Close Above 100-WMA
*RES 4: 163.07 100-WMA
*RES 3: 162.89 Low Sept 11 now resistance
*RES 2: 162.56 High Oct 19
*RES 1: 162.48 High Oct 27
*PREVIOUS CLOSE: 162.37
*SUP 1: 162.23 Hourly resistance Oct 27 now support
*SUP 2: 161.85 Hourly support Oct 27 
*SUP 3: 161.63 Low Oct 27 
*SUP 4: 161.35 Alternating hourly support/resistance
*COMMENTARY: The lack of follow through below the 100-DMA and hesitation ahead
of 160.59 resulted in a break higher last week, easing bearish pressure with
immediate focus on 162.48-163.07 where 55 (162.48) & 100-WMAs are found. Bulls
now need a close above the 100-WMA to hint at a move back to 2017 highs (166.40)
and above 163.43 Sept highs to confirm. Bears now need a close below 161.85 to
ease bullish pressure and below 161.63 to shift focus back to 160.59-76.

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