(Z18) 55-DMA Back In Play *RES 4:........>

BUND TECHS: (Z18) 55-DMA Back In Play

*RES 4: 160.48 High Sep 6 

*RES 3: 159.78 High Sep 12 

*RES 2: 159.50 55-dma 

*RES 1: 158.71 High Oct 11 

*PREVIOUS CLOSE: 158.40 

*SUP 1: 157.33 Low Oct 5 

*SUP 2: 157.43 Low April 24 (continuation chart) 

*SUP 3: 156.88 Low Mar 9 (continuation chart) 

*SUP 4: 156.00 Bear channel bottom (continuation chart) 

Dec-18 Bunds continued their recovery yesterday taking out the Oct 4 high. The

55-dma at 158.50 would come into play on a break above yesterday's high. Above

the 55-dma would shift the broader outlook bullish. On the downside, a close

below 157.33 would extend the downtrend targeting the Apr 24 low at 157.43 on

the continuation chart.