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(Z9) Consolidating *RES 4: 172.82 High...>

BUND TECHS
BUND TECHS: (Z9) Consolidating
*RES 4: 172.82 High Oct 15
*RES 3: 172.09 Channel resistance drawn off the Sep 3 high
*RES 2: 172.03 High Oct 31 and key resistance
*RES 1: 171.15 High Nov 14
*PRICE: 170.89 @ 04:41 GMT Nov 19
*SUP 1: 170.26 Low Nov 14
*SUP 2: 169.67 Low Nov 13
*SUP 3: 169.12 Low Nov 8 and bear trigger
*SUP 4: 168.50 1.382 projection of Sep 3 - Sep 13 decline from Sep 25 high
Z9 Bund is unchanged, holding onto gains achieved last week and consolidating.
The near-term outlook remains bullish following the recent break of resistance
at 170.97, Nov 7 high. This has opened 172.03, Oct 31 high. The top of a bear
channel drawn off the Sep 3 high intersects at 172.09. While the channel top
holds, the broader trend remains down and recent gains continue to be viewed as
a correction. Initial support lies at 170.26, Oct 14 low.

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