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(H18) Giving Back Gains *RES 4:..........>

BOBL TECHS
BOBL TECHS: (H18) Giving Back Gains
*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: 132.520 High Dec 5 
*PREVIOUS CLOSE: 132.280 
*SUP 1: 132.010 Low Dec 3 
*SUP 2: 131.800 Low Nov 26 
*SUP 3: 131.346 55-dma 
*SUP 4: 131.200 Low Nov 11 
Bobl futures were unable to cling to early gains above the 132.500 level
yesterday allowing bears to exert pressure to close on its lows. While the
broader uptrend dominates, bulls need to see a break back above 132.520 to
reignite upside momentum towards the Aug 17 highs. Failure to do so would allow
bears to target the 132.010 Dec 3 low ahead of the Nov 26 low at 131.800.

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