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(H0) Bearish Focus Holds *RES 4:.........>

BOBL TECHS: (H0) Bearish Focus Holds
*RES 4: 134.510 High Nov 28
*RES 3: 134.480 High Dec 4 and bull trigger
*RES 2: 134.420 High Dec 12
*RES 1: 134.170 High Dec 16
*PRICE: 134.150 @ 04:46 GMT Dec 18
*SUP 1: 133.770 Low Dec 13
*SUP 2: 133.509 1.618 projection of Nov 28 - Dec 3 decline from Dec 4 high
*SUP 3: 133.422 1.764 projection of Nov 28 - Dec 3 decline from Dec 4 high
*SUP 4: 133.280 2.000 projection of Nov 28 - Dec 3 decline from Dec 4 high
H0 Bobl is unchanged and maintains a bearish outlook despite the bounce off the
day low on Dec 13. The initial move lower that day resulted in price trading
below the former key support of 133.910, Dec 3 low to confirm a resumption of
the broader downtrend. With a bearish theme still in place, scope is seen for
weakness towards 133.509 next, a Fibonacci projection. A break of resistance at
134.420, Dec 12 high is required to threaten the bearish theme.

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