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(H0) Fresh Trend Low *RES 4: 134.510.....>

BOBL TECHS
BOBL TECHS: (H0) Fresh Trend Low
*RES 4: 134.510 High Nov 28
*RES 3: 134.480 High Dec 4 and bull trigger
*RES 2: 134.390 High Dec 11
*RES 1: 133.970 Low Dec 12 and gap high
*PRICE: 133.870 @ 05:47 GMT Dec 13
*SUP 1: 133.770 Intraday low
*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 weaker having also sold off sharply over the past 24hrs. Futures have
today traded below the key support of 133.910, Dec 3 low to confirm a resumption
of the broader downtrend. With a bearish theme clearly in place once again,
scope is seen for weakness towards 133.509 next, a Fibonacci projection. Initial
resistance is at yesterday's low of 133.970 low which is also the top of a gap
created at today's open.

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