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

BUND TECHS
BUND TECHS: (Z17) Bulls Need Weekly Close Above 100-WMA
*RES 4: 163.43 Monthly high Sept 8
*RES 3: 163.14 100-WMA
*RES 2: 162.89 Low Sept 11 now resistance, Bolli top
*RES 1: 162.83 High Oct 31
*PREVIOUS CLOSE: 162.72
*SUP 1: 162.44 Low Oct 31
*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 & hesitation ahead of
160.59 resulted in a break higher last week, easing bearish pressure with
immediate focus on 162.89-163.14. 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 160.59-00 where the bull channel base is found.

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