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(Z17) Topside Follow Through Lacking.....>

BUND TECHS
BUND TECHS: (Z17) Topside Follow Through Lacking
*RES 4: 162.15 Hourly support Sept 12 now resistance
*RES 3: 162.07 High Sept 13
*RES 2: 161.82 High Oct 4
*RES 1: 161.62 Alternating hourly support/resistance
*PREVIOUS CLOSE: 161.27
*SUP 1: 161.14 55-DMA
*SUP 2: 160.91 Hourly resistance Oct 3 now support
*SUP 3: 160.65 Low Oct 3
*SUP 4: 160.24 Monthly Low Sept 28
*COMMENTARY: Pressure returning to the 161.44-162.15 region resulted in a spike
higher and lack of topside follow through with bulls still needing a close above
162.15 to target 163.43 Sept highs. The 55-DMA is now supporting with bears now
looking for a close below to ease bullish pressure with below 160.65 needed to
return immediate pressure to 160.24 Sept lows and below 159.58 to confirm
overall focus on tests of 157.55 July lows.

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