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(H0) Finds Some Support *RES 4: 173.61...>

BUND TECHS
BUND TECHS: (H0) Finds Some Support
*RES 4: 173.61 Nov 28 high and key bull trigger
*RES 3: 173.20/30 Trendline resistance drawn off the Sep 3 high / High Dec 4
*RES 2: 172.99 High Dec 12
*RES 1: 172.43 High Dec 16 and a key resistance
*PRICE: 171.62 @ 04:55 GMT Dec 23
*SUP 1: 170.90 Low Dec 19
*SUP 2: 170.75 Dec 13 low
*SUP 3: 170.06 1.618 projection of Nov 28 - Dec 3 decline from Dec 4 high
*SUP 4: 169.77 1.764 projection of Nov 28 - Dec 3 decline from Dec 4 high
H0 Bund found some support Friday. The near-term focus remains on the next key
support at 170.75, Dec 13 low. The underlying downtrend that began in Aug,
remains intact and a breach of 170.75 would confirm a resumption of this broader
move lower. This would open 170.06 and 169.77, both Fibonacci projection levels.
A move through the 170.00 psychological level would also dent sentiment further.
Key near-term resistance is at 172.43, Dec 16 high.
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