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(H0) Loses Momentum *RES 3: 135.260......>

BOBL TECHS
BOBL TECHS: (H0) Loses Momentum
*RES 3: 135.260 1.500 projection of Jan 2 - Jan 8 rally from Jan 14 low
*RES 2: 135.135 1.382 projection of Jan 2 - Jan 8 rally from Jan 14 low
*RES 1: 135.020 High Jan 31 and key bull trigger
*PRICE: 134.660 @ 05:10 GMT Feb 19
*SUP 1: 134.530 Low Feb 12
*SUP 2: 134.450 Low Feb 6
*SUP 3: 134.423 50-day EMA
Bobls had a decent week last week, but that momentum seemed to ebb away Tuesday.
Our attention recently has been on the potential for a move lower following the
reversal on Jan 31. This has so far failed to materialise. Resistance at
134.770, the Feb 11 high, has been breached. This signals a bullish tone and
exposes the key resistance at 135.020, the Jan 31 high. Clearance of this level
would resume this year's rally. Key support to watch is 134.450, a break would
be bearish.

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