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(H0) Bull Trend Extends *RES 4:..........>

BOBL TECHS
BOBL TECHS: (H0) Bull Trend Extends
*RES 4: 135.790 2.00 projection of Jan 2 - Jan 8 rally from Jan 14 low
*RES 3: 135.540 1.764 projection of Jan 2 - Jan 8 rally from Jan 14 low
*RES 2: 135.385 1.618 projection of Jan 2 - Jan 8 rally from Jan 14 low
*RES 1: 135.290 High Feb 26 and intraday high
*PRICE: 135.290 @ 04:58 GMT Feb 27
*SUP 1: 135.020 High Jan 31 and former breakout level
*SUP 2: 134.790 Low Feb 24
*SUP 3: 134.660 Low Feb 18 and 19
*SUP 4: 134.527 50-day EMA
Bobl futures remain bullish. The clearance of 134.86, the Feb 18 high this week
and more importantly 135.020, the Jan 31 high confirmed a resumption of the
recovery that began on Jan 2 and sets the scene for an extension higher
near-term. The former 135.135 objective was achieved Wednesday with the focus
now on 135.385 as the next objective, a Fibonacci projection. On the downside,
initial support is seen at 135.020.

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