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(Z18) Bears Back In The Driving Seat.....>

BUND TECHS
BUND TECHS: (Z18) Bears Back In The Driving Seat
*RES 4: 160.98 High Sep 3 
*RES 3: 160.48 High Sep 6 
*RES 2: 159.78 High Sep 12 
*RES 1: 159.66 55-dma 
*PREVIOUS CLOSE: 158.05
*SUP 1: 157.74 Low Oct 4 
*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 Bund futures fell to new cycle lows yesterday breaking below the Sep 25
low to return the focus squarely to the downside. A close below 157.74 marking
yesterday's low, would extend the downtrend targeting the Apr 24 low at 157.43
on the continuation chart. Bulls continue to target the 55-dma 159.66 to
re-establish some upside momentum.

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