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

BUND TECHS
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.

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