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(H18) Early Weakness Recovered *RES 4:...>

BOBL TECHS
BOBL TECHS: (H18) Early Weakness Recovered
*RES 4: 133.410 High May 29 
*RES 3: 133.000 Resistance 
*RES 2: 132.610 High Aug 17 
*RES 1: 132.320 High Sep 3 (continuation chart) 
*PREVIOUS CLOSE: 132.250 
*SUP 1: 132.010 Low Dec 3 
*SUP 2: 131.800 Low Nov 26 
*SUP 3: 131.289 55-dma 
*SUP 4: 131.200 Low Nov 11 
Bobl futures saw some early weakness yesterday but the strong recovery and close
keep the bullish trend intact. The next upside target comes in at the August
highs on the continuation chart at 132.610. On the downside bears need to see a
break below 132.010 to gain some breathing room ahead of a challenge of the Nov
26 low at 131.800. Below here would suggest a bearish reversal opening the
55-dma.

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