(Z18) 55-DMA Comes Into Focus *RES 4:....>

BUND TECHS: (Z18) 55-DMA Comes Into Focus

*RES 4: 160.95 High Sep 3 

*RES 3: 160.48 High Sep 6 

*RES 2: 159.78 High Sep 12 

*RES 1: 159.48 55-dma 

*PREVIOUS CLOSE: 158.93 

*SUP 1: 157.95 Low Oct 12 

*SUP 2: 157.33 Low Oct 5 

*SUP 3: 157.43 Low April 24 (continuation chart) 

*SUP 4: 156.88 Low Mar 9 (continuation chart) 

Dec-18 Bunds futures continued their recovery yesterday, briefly overcoming the

159 level to shift the focus to the 55-dma at 159.48. Above here would give

bulls the upper hand and target the Sep 12 high at 159.78. Bears look to close

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

continuation chart.