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(Z18) 160 Level Holds *RES 4: 161.30....>

BUND TECHS
BUND TECHS: (Z18) 160 Level Holds 
*RES 4: 161.30 High Aug 17 
*RES 3: 160.95 High Sep 3 
*RES 2: 160.48 High Sep 6 
*RES 1: 160.08 High Oct 19 
*PREVIOUS CLOSE: 159.26 
*SUP 1: 159.00 Support 
*SUP 2: 157.95 Low Oct 12 
*SUP 3: 157.33 Low Oct 5 
*SUP 4: 157.43 Low April 24 (continuation chart) 
Bulls were unable to sustain the early break they made above 160.00 on Friday
and the weak close back below the 55-dma has given bears some renewed momentum.
A close below 159.00 is now needed to shift the outlook negative in the short
term. On the upside, bulls look to take out 160.08, above which extends the
rally and opens the Sep 6 high. 

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