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(H0) Off Recent Highs *RES 4: 135.135....>

BOBL TECHS
BOBL TECHS: (H0) Off Recent Highs
*RES 4: 135.135 1.382 projection of Jan 2 - Jan 8 rally from Jan 14 low
*RES 3: 134.980 1.236 projection of Jan 2 - Jan 8 rally from Jan 14 low
*RES 2: 134.730 1.00 projection of Jan 2 - Jan 8 rally from Jan 14 low
*RES 1: 134.720 High Jan 28
*PRICE: 134.450 @ 04:57 GMT Jan 29
*SUP 1: 134.390 Low Jan 27
*SUP 2: 134.319 38.2% retracement of the Jan 14 - Jan 27 rally
*SUP 3: 134.190 Low Jan 24
*SUP 4: 133.960 Low Jan 22
H0 Bobl pulled back yesterday. The move off yesterday's high reflects an easing
of the risk averse mood that has dominated market sentiment recently. From a
technical standpoint however, the pullback is being viewed as a correction
following sharp gains since Jan 14. Futures have cleared resistance at 134.530,
the Aug 1 high and this highlights the potential for a stronger recovery
near-term. Support levels to watch lie at 134.390 and 134.319.

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