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(Z17) Double Daily Top Prompts...........>

BUND TECHS
BUND TECHS: (Z17) Double Daily Top Prompts Correction
*RES 4: 163.00 Daily Bull channel top
*RES 3: 162.89 Low Sept 11 now resistance
*RES 2: 162.78 High Oct 17
*RES 1: 162.48 Hourly support Oct 17 now resistance
*PREVIOUS CLOSE: 162.22
*SUP 1: 162.13 Low Oct 18
*SUP 2: 161.85 Hourly resistance Oct 13 now support
*SUP 3: 161.58 55-DMA 
*SUP 4: 161.48 21-DMA
*COMMENTARY: A double daily top has been left in place and combined with daily
studies looking to correct from O/B hints at a correction initially targeting
161.48-58 where the 21 & 55-DMS are situated. Overall bears need a close below
the 21-DMA to confirm pressure on 160.94-161.07 where the daily bull channel
base and 100-DMA are situated. Bulls now look for a close above 162.89 to
reconfirm the bullish bias and target 163.43.

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