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

BUND TECHS
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.

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