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(Z18) Strong Close Offers Bulls Hope.....>

BUND TECHS
BUND TECHS: (Z18) Strong Close Offers Bulls Hope
*RES 4: 160.98 High Sep 3 
*RES 3: 160.48 High Sep 6 
*RES 2: 159.78 High Sep 12 
*RES 1: 159.20 100-dma 
*PREVIOUS CLOSE: 158.46
*SUP 1: 157.61 Low May 15 (continuation chart) 
*SUP 2: 157.43 Low April 24 (continuation chart) 
*SUP 3: 156.66 Low Mar 9 (continuation chart) 
*SUP 4: 155.03 Low Dec 4, 2015 (continuation chart) 
Bears were unable to maintain their push below 158 yesterday and a strong close
on the day has provided some potential for further gains. Bulls need to overcome
the 100-dma at 159.20 which is now acting as resistance ahead of a potential
return to the Sep 12 high at 159.78. Bears will look for a drop back below 158
to target the May 15 low on the continuation chart. 

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