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(Z18) Back On The Front Foot *RES 4:.....>

BUND TECHS
BUND TECHS: (Z18) Back On The Front Foot
*RES 4: 162.50 Measured move from double bottom formation 
*RES 3: 161.30 High Aug 17 
*RES 2: 160.90 High Oct 26 
*RES 1: 160.11 High Nov 1
*PREVIOUS CLOSE: 159.59 
*SUP 1: 159.33 55-dma 
*SUP 2: 158.84 Low Oct 22 
*SUP 3: 158.34 Low Oct 16 
*SUP 4: 157.95 Low Oct 12 
Dec-18 Bund futures rallied strongly on Friday after failing to break below the
55-dma on Thursday. This has shifter the near-term outlook positive, with a
break above 160.11 opening a return to the Oct 26 highs at 160.90. Bears need to
break below the 55-dma, now at 159.33, to return the focus to the downside and
target the Oct 22 low at 158.84. 

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