(Z18) Bears Need A Close Below The.......>

BUND TECHS: (Z18) Bears Need A Close Below The 55-DMA 

*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: 160.04 High Nov 6 

*PREVIOUS CLOSE: 159.36 

*SUP 1: 158.84 Low Oct 22 

*SUP 2: 158.34 Low Oct 16 

*SUP 3: 157.95 Low Oct 12 

*SUP 4: 157.33 Low Oct 5 

Dec-18 Bund futures edged lower yesterday but failed to close below the  55-dma

at 159.34. A close below here would turn the focus to the Oct 22 low at 158.84,

below which opens the early-October lows. On the upside, bulls need to break

above 160.04 to improve the outlook and make a run at the Oct 26 high at 160.90

ahead of the Aug 17 contract high at 161.30.