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Z9 Bund remains under pressure...........>

BUND TECHS
BUND TECHS: Z9 Bund remains under pressure. Today's bearish price action has
confirmed once again a resumption of the downtrend that has been in place since
Sep 3. An attempt last week to clear the 172.00 handle failed and this continues
to weigh technically. A number of key supports have been cleared, the most
recent being 170.29, a Fibonacci projection. The focus shifts to 169.19 and
168.50. On the upside, congestive resistance has been defined at 170.97.

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