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(H9) Bulls Look For A Close Above 130....>

BOBL TECHS
BOBL TECHS: (H9) Bulls Look For A Close Above 130
*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: 133.000 Down trendline resistance from Jan 15 high 
*PRICE: 132.970 @ 04:54 GMT Feb 1 
*SUP 1: 132.740/799 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 briefly took out the 130 level yesterday but need a close above it
to extend the bullish trend to the Jan 15 high and beyond. Above here would
target the channel top at 133.40 ahead of the May 29 spike high. For a bearish
trend change we would need to see a close below 132.740/799 marking uptrend
support and the 21dma. Below here would shift the outlook negative and suggest a
run at the Jan 18 lows.

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