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(H0) Resumes Bull Trend *RES 4:..........>

BOBL TECHS
BOBL TECHS: (H0) Resumes Bull Trend
*RES 4: 135.385 1.618 projection of Jan 2 - Jan 8 rally from Jan 14 low
*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: 135.050 High Feb 24
*PRICE: 134.910 @ 05:06 GMT Feb 25
*SUP 1: 134.790 Low Feb 24
*SUP 2: 134.660 Low Feb 18 and 19
*SUP 3: 134.530 Low Feb 12
*SUP 4: 134.502 50-day EMA
Bobl futures delivered the bullish follow through yesterday rallying to clear
resistance at 134.86, the Feb 18 high and more importantly also breach 135.020,
the Jan 31 high. The breach of the latter confirms a resumption of the recovery
that began on Jan 2 and sets the scene for an extension higher near-term. The
focus is on 135.135 next, a Fibonacci projection. On the downside, initial
support is seen at yesterday's low of 134.790.

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