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(Z18) Weakness Continuing *RES 4:........>

BUND TECHS
BUND TECHS: (Z18) Weakness Continuing
*RES 4: 164.15 High May 29 (Continuation chart) 
*RES 3: 163.92 High December 1, 2017 (Continuation chart) 
*RES 2: 161.33 High Aug 17 
*RES 1: 160.98 High Sep 3 
*PREVIOUS CLOSE: 160.40
*SUP 1: 159.59 Low Aug 29 
*SUP 2: 159.70 Up trendline support from June lows 
*SUP 3: 158.37 Low Aug 1 
*SUP 4: 159.45 Low June 14 (Continuation chart) 
The Dec-18 Bund looks set for further near-term losses following yesterday's
weak close. Bulls need to reclaim Monday's high of 160.98 to re-establish the
uptrend and mount a run at the Aug 17 highs. Bears need to close below the Aug
29 low of 159.59 to shift the outlook bearish and retest up trendline support
from the June lows.

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