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(Z18) Above Resistance *RES 4: 164.15....>

BUND TECHS
BUND TECHS: (Z18) Above Resistance
*RES 4: 164.15 High May 29 
*RES 3: 164.00 Inverse head-and-shoulders target
*RES 2: 162.50 Measured move from double bottom formation 
*RES 1: 161.30 High Aug 17 
*PREVIOUS CLOSE: 161.05 
*SUP 1: 160.00 Support 
*SUP 2: 159.39 55-dma 
*SUP 3: 158.84 Low Oct 22 
*SUP 4: 158.34 Low Oct 16 
Dec-18 Bund futures broke above resistance on Friday keeping the bigger picture
uptrend intact. Bulls now target the Aug 17 high at 161.30, above which the
uptrend would resume back towards 162.50. Bears look to take out the 160.00
level to open the 55-dma at 159.39.

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