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(Z18)Recovery Intact *RES 4: 160.48.....>

BUND TECHS
BUND TECHS: (Z18)Recovery Intact 
*RES 4: 160.48 High Sep 6 
*RES 3: 159.78 High Sep 12 
*RES 2: 159.48 55-dma 
*RES 1: 158.71 High Oct 11 
*PREVIOUS CLOSE: 158.56
*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) 
Dec-18 Bunds posted marginal new highs on Friday breaking above Thursday's spike
high and closing above 158.00 to keep the recovery intact. The 55-dma at 159.48
is the next upside target and above here would shift the broader outlook
bullish. 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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