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(H0) Bearish Trend Intact *RES 4:........>

BOBL TECHS
BOBL TECHS: (H0) Bearish Trend Intact
*RES 4: 134.510 High Nov 28
*RES 3: 134.420 High Dec 12
*RES 2: 134.200 High Dec 18
*RES 1: 134.060 High Dec 23 and key near-term resistance
*PRICE: 133.660 @ 05:02 GMT Jan 2
*SUP 1: 133.470 Intraday low
*SUP 2: 133.422 1.764 projection of Nov 28 - Dec 3 decline from Dec 4 high
*SUP 3: 133.280 2.000 projection of Nov 28 - Dec 3 decline from Dec 4 high
*SUP 4: 133.138 2.236 projection of Nov 28 - Dec 3 decline from Dec 4 high
H0 Bobl traded to a fresh trend low of 133.590 earlier this week. This confirms
a resumption of the broader downtrend that has been in place since mid-August
and maintains the bearish price sequence of lower lows and lower highs. With
further weakness likely near-term, attention is on 133.422 and 133.280 next,
both Fibonacci projections. Near-term key resistance has been defined at
134.060, Dec 23 high.

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