(H9) Cycle Highs In Sight *RES 4:........>

BOBL TECHS: (H9) Cycle Highs In Sight

*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: 132.930 @ 04:54 GMT Jan 25 

*SUP 1: 132.615 Up trendline support from Nov 2018 lows 

*SUP 2: 132.610 Low Jan 18 

*SUP 3: 131.910 Low Dec 13 

*SUP 4: 131.200 Low Nov 8 

Bobl futures came within touching distance of the Jan 15 high yesterday,

reaching as high as 133.030. The 133.080 level remains within touching distance

for the bulls, and a break would reignite upside momentum, opening a run at the

spike high seen in May on the continuation chart. On the downside, a break below

uptrend support at 132.615 would shift the outlook negative, opening the Dec 13

low at 131.910 in the first instance.