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(Z9) Breaches trendline resistance.......>

BUND TECHS
BUND TECHS: (Z9) Breaches trendline resistance
*RES 4: 175.76 76.4% of Sep 3 - Sep 13 decline
*RES 3: 175.62 High Sep 12
*RES 2: 175.07 61.8% of Sep 3 - Sep 13 decline
*RES 1: 174.64 High Sep 23
*PRICE: 174.27 @ 03:03 GMT Sep 24
*SUP 1: 173.29 Low Sep 20
*SUP 2: 172.65 Low Sep 18
*SUP 3: 172.18 Low Sep 13
*SUP 4: 171.79 61.8% retracement of Jul 12 - Sep 3 rally
Z9 Bund strengthened yesterday breaching the trendline resistance at 174.38,
drawn off the Sep 3 high. Price action has also probed the 50% retracement of
Sep 3 - Sep 13 decline with attention turning to the 61.8% level at 175.07. If
this recovery is indeed a correction, the 61.8% level will play an important
role in providing resistance. A break would in turn be bullish. Support to watch
lies at 173.23, Sep 20 low.

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