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(Z9) Pushing Higher *RES 4: 172.03.......>

BUND TECHS
BUND TECHS: (Z9) Pushing Higher
*RES 4: 172.03 High Oct 31 and key resistance
*RES 3: 171.47 High Nov 4
*RES 2: 170.97 High Nov 7 and congestive resistance
*RES 1: 170.63 Trendline resistance drawn off the Oct 9 high
*PRICE: 170.54 @ 04:41 GMT Nov 14
*SUP 1: 169.67 Low Nov 13
*SUP 2: 169.12 Low Nov 8 and bear trigger
*SUP 3: 168.50 1.382 projection of Sep 3 - Sep 13 decline from Sep 25 high
*SUP 4: 168.49 Projected channel base drawn off Sep 3 high
Z9 Bund was firmer yesterday and today continues to retrace territory lost
during last weeks sell-off. Key resistance is at 170.97, Nov 7 high that is also
the top of a candle pattern known as a standard line. This is a continuation
pattern, a break above the high would suggest the recovery has more ground to
cover. A breach would open 172.03, Oct 31 high and a key resistance. Support for
now lies at 169.67, yesterday's low.

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