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(H18) Fails To Extend Uptrend *RES 4:....>

BOBL TECHS
BOBL TECHS: (H18) Fails To Extend Uptrend
*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: 132.280 @05:20 GMT 
*SUP 1: 132.080 Low Dec 3 
*SUP 2: 131.800 Low Nov 26 
*SUP 3: 131.506 55-dma 
*SUP 4: 131.200 Low Nov 11 
Bobl futures recovered most of Monday's losses yesterday but were unable to
extend to the Dec 6 cycle high, keeping the near-term outlook neutral.
yesterday's low at 132.080 is the downside target, below which would trigger a
topping pattern opening the Nov 2 low at 131.800. Bulls look to recover 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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