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(H18) Bears In Charge *RES 4: 133.410....>

BOBL TECHS
BOBL TECHS: (H18) Bears In Charge
*RES 4: 133.410 High May 29 (continuation chart) 
*RES 3: 133.000 Resistance (continuation chart) 
*RES 2: 132.610 High Aug 17 (continuation chart) 
*RES 1: 132.570 High Dec 6 
*PRICE: 132.050 @05:13 GMT 
*SUP 1: 131.800 Low Nov 26 
*SUP 2: 131.710 Low Nov 19 
*SUP 3: 131.533 55-dma 
*SUP 4: 131.200 Low Nov 11 
Bobl futures extended their decline yesterday, breaking below the 21-dma and the
Dec 3 low. The next downside target comes in at the Nov 26 low at 131.800. To
reignite upside momentum bulls need to recover the 21-dma ahead of a run at the
Dec 6 highs at 132.570. Above here would open the Aug 17 highs at 132.610 on the
continuation chart.

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