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(Z18) Uptrend Gives Way *RES 4: 163.92...>

BUND TECHS
BUND TECHS: (Z18) Uptrend Gives Way
*RES 4: 163.92 High December 1, 2017 (Continuation chart) 
*RES 3: 161.33 High Aug 17 
*RES 2: 160.98 High Sep 3 
*RES 1: 160.48 High Sep 6 
*PREVIOUS CLOSE: 159.33
*SUP 1: 159.00 Low Aug 3 
*SUP 2: 158.89 100-DMA 
*SUP 3: 158.37 Low Aug 1 
*SUP 4: 156.90 Low June 12  
The downtrend in Dec-18 Bunds is picking up pace following the break of uptrend
support from the June and Aug lows yesterday. Bears now target the 100-dma at
158.89 ahead of the Aug 1 low at 158.37. Bulls need to recover the 55-dma at
160.09 to stabilise the short-term outlook and close above the Sep 6 highs at
160.48 to target the 160.98 Sep 3 high and return the focus to the upside.

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