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(H0) Weaker Following Volatile Week......>

BOBL TECHS
BOBL TECHS: (H0) Weaker Following Volatile Week
*RES 4: 134.765 0.764 projection of Jan 2 - Jan 6 rally from Jan 7 low
*RES 3: 134.638 0.618 projection of Jan 2 - Jan 6 rally from Jan 7 low
*RES 2: 134.530 High Nov 20 and High Jan 8 plus key resistance
*RES 1: 133.950 High Jan 9
*PRICE: 133.810 @ 04:53 GMT Jan 10
*SUP 1: 133.760 Low Jan 9
*SUP 2: 133.720 76.4% retracement of the Jan 2 - Jan 8 rally
*SUP 3: 133.470 Low Jan 2 and key support
*SUP 4: 133.220 1.236 projection of Nov 20 - Jan 2 decline from Jan 8 high
H0 Bobl remains softer for now following this week's volatile activity.
Wednesday's pullback and yesterday's follow through places on hold for now the
recent bullish focus. Price has this week failed to hold and close above the
50-day EMA, an indicator used as a reliable trend signal. Clearance of 133.760,
yesterday's low would reopen key support and the bear trigger at 133.470, Jan 2
low. On the upside, a break of 134.530 is needed to confirm a bullish reversal.

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