(Z18) Focus Back On Oct Highs *RES 4:...>

BUND TECHS: (Z18) Focus Back On Oct Highs 

*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: 160.53 High Oct 30 

*PREVIOUS CLOSE: 160.25 

*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 

The last two days of gains in Dec-18 Bund futures have recovered almost two

weeks of losses, returning the focus back to the October highs. A break above

160.53 would open the Oct 26 high at 160.90, ahead of a potential return to the

Aug 17 peak at 161.30. Bears need to break below the 55-dma at 159.33 to

re-establish downside momentum and target the Oct 22 low at 158.84.