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(H9) Bearish Divergence Suggest..........>

BOBL TECHS: (H9) Bearish Divergence Suggest Downside Potential
*RES 4: 133.480 High Sep 5 2017 
*RES 3: 133.410 High May 29 (continuation chart) 
*RES 2: 133.310 Channel top (continuation chart) 
*RES 1: 133.080 High Jan 15 
*PRICE: 132.780 @ 04:55 GMT Jan 18 
*SUP 1: 132.641 21-dma 
*SUP 2: 132.500 Up trendline support from Nov 2018 lows 
*SUP 3: 131.910 Low Dec 13 
*SUP 4: 131.200 Low Nov 8 
The new high seen in Bobl futures earlier this week was not confirmed by the
Schatz or the Bund and the subsequent weakness suggests a bearish reversal is in
play. A break below the 21-dma at 132.641 would confirm such a move, opening the
up trendline support at 132.500 ahead of the Dec 13 low at 131.910. bulls need
to clear Tuesday's high at 133.080 to reignite upside momentum, opening a run at
the spike high seen in May on the continuation chart.

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