(Z18)Recovery Rolls On *RES 4: 160.48....>

BUND TECHS: (Z18)Recovery Rolls On

*RES 4: 160.48 High Sep 6 

*RES 3: 159.78 High Sep 12 

*RES 2: 159.47 55-dma 

*RES 1: 158.87 High Oct 15 

*PREVIOUS CLOSE: 158.78

*SUP 1: 157.95 Low Oct 12 

*SUP 2: 157.33 Low Oct 5 

*SUP 3: 157.43 Low April 24 (continuation chart) 

*SUP 4: 156.88 Low Mar 9 (continuation chart) 

Dec-18 Bunds continue to register higher highs following the recovery off the

Oct 5 lows, but bulls need to take out the 55-dma at 159.47 to suggest the

broader outlook is turning bullish. Above here would open the September highs.

Bears need to close below 157.33 to extend the downtrend targeting the Apr 24

low at 157.43 on the continuation chart.