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(H18) 131.43 Protects Against A..........>

BOBL TECHS
BOBL TECHS: (H18) 131.43 Protects Against A 131.26-131.24 Fall
*RES 4: 132.24 Dec 14 low, now resistance
*RES 3: 131.97 Nov 30 low, now resistance
*RES 2: 131.91 Dec 19 low, now resistance
*RES 1: 131.71 Dec 28 high
*PRICE: 131.58 @0848GMT
*SUP 1: 131.43 Dec 27, Jan 2 lows
*SUP 2: 131.26 1.618 swing of 131.43-131.71
*SUP 3: 131.24 50% Fibo of 129.74-132.74
*SUP 4: 131.14 0.5% volatility band
*COMMENTARY* Last week's 131.43 low, again under investigation on Tuesday, has
so far survived the test. This a likely protection against a further
131.26-131.24 fall, as we continue to give back gains. In the interim,
resistance comes from last Thursday's 131.71 high, currently needing back above
here, before there is scope to see a better pullback and correction of recent
losses from last month's 132.74 high. 

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