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(Z18) Higher Highs *RES 4: 164.00........>

BUND TECHS
BUND TECHS: (Z18) Higher Highs
*RES 4: 164.00 Inverse head-and-shoulders target 
*RES 3: 162.50 Measured move from double bottom formation 
*RES 2: 161.30 High Aug 17 
*RES 1: 161.21 High Nov 27 
*PREVIOUS CLOSE: 161.03 
*SUP 1: 160.51 Low Nov 23 
*SUP 2: 160.00 Support 
*SUP 3: 159.44 55-dma 
*SUP 4: 158.84 Low Oct 22 
Dec-18 Bund futures hit fresh highs yesterday to keep the trend of higher highs
and higher lows intact.  Bulls now need a break above yesterday's high at 161.21
to open the Aug 17 high just ahead at 161.30, above which opens the double
bottom target up at 162.50. Initial support is placed at last Friday's low at
160.51, ahead of the 160.00 level. Below here targets the 55-dma at 159.45.

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