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(H0) Heading Higher *RES 4: 136.634......>

BOBL TECHS
BOBL TECHS: (H0) Heading Higher
*RES 4: 136.634 1.618 projection of Jan 14 - Jan 31 rally from Feb 6 low
*RES 3: 136.475 1.500 projection of Jan 14 - Jan 31 rally from Feb 6 low
*RES 2: 136.316 1.382 projection of Jan 14 - Jan 31 rally from Feb 6 low
*RES 1: 136.119 1.236 projection of Jan 14 - Jan 31 rally from Feb 6 low
*PRICE: 136.040 @ 05:02 GMT Mar 4
*SUP 1: 135.550 Low Mar 3
*SUP 2: 135.340 Low Feb 28
*SUP 3: 135.066 20-day EMA
*SUP 4: 135.020 High Jan 31 and former breakout level
Bobl futures remain bullish. The clearance of 134.86, the Feb 18 high last week
and more importantly 135.020, the Jan 31 high confirmed a resumption of the
recovery that began on Jan 2. Bulls remain firmly in charge and further gains
are favoured near-term. The 136.00 level is under pressure, the focus is on a
climb towards 136.119 and 136.316, both Fibonacci projections. On the downside,
initial support is seen at yesterday's 135.550 low.

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