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(H9) 22-DMA Continues To Define The......>

BOBL TECHS
BOBL TECHS: (H9) 22-DMA Continues To Define The Uptrend
*RES 4: 133.410 High May 29 (continuation chart) 
*RES 3: 133.400 Channel top (continuation chart) 
*RES 2: 133.080 High Jan 15 
*RES 1: 133.030 High Jan 24 
*PRICE: 132.880 @ 04:56 GMT Jan 28 
*SUP 1: 132.720/767 Up trendline support from Nov 2018 lows/21-dma
*SUP 2: 132.610 Low Jan 18 
*SUP 3: 131.910 Low Dec 13 
*SUP 4: 131.200 Low Nov 8 
Bobl futures continue to hold above up trendline support and the 21-dma which
keeps the uptrend intact for now and the focus on the Jan 24 high at 133.030. A
break would reignite upside momentum, opening the Jan 1 5high at 133.080 ahead
of a run at the spike high seen in May on the continuation chart. On the
downside, a break below 132.720/767 is needed to shift the outlook negative.

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