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

BUND TECHS: (Z17) Bulls Need Weekly Close Above 100-WMA

*RES 4: 163.43 Monthly high Sept 8

*RES 3: 163.14 100-WMA

*RES 2: 162.89 Low Sept 11 now resistance

*RES 1: 162.78 High Oct 17

*PREVIOUS CLOSE: 162.71

*SUP 1: 162.62 Hourly support Oct 30

*SUP 2: 162.23 Hourly resistance Oct 27 now support

*SUP 3: 161.85 Hourly support Oct 27 

*SUP 4: 161.63 Low Oct 27

*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 162.89-163.14 where the 100-WMA is found. Bulls 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 need a close below 162.23 to ease bullish pressure

and below 161.63 to shift focus to 160.59-92 where the bull channel base is.