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(Z18) Oct 5 Lows Holding *RES 4:.........>

BUND TECHS: (Z18) Oct 5 Lows Holding
*RES 4: 160.48 High Sep 6 
*RES 3: 159.78 High Sep 12 
*RES 2: 159.52 55-dma 
*RES 1: 158.48 High Oct 4 
*SUP 1: 157.33 Low Oct 5 
*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) 
Despite a brief look below 157.50, a drop in global risk appetite saw Dec-18
Bund futures recover the 158.00 level to keep the outlook neutral. Bulls need to
overcome the Oct 4 high at 158.48 to further improve the near-term outlook,
which would open the 55-dma 159.52 needed to re-establish the bullish trend. On
the downside, a close below 157.33 would extend the downtrend targeting the Apr
24 low at 157.43 on the continuation chart.

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