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(M0) Bullish Focus Intact *RES 4:........>

BOBL TECHS
BOBL TECHS: (M0) Bullish Focus Intact
*RES 4: 136.580 High Mar 13
*RES 3: 136.390 High Mar 16
*RES 2: 136.300 High May 4 and bull trigger
*RES 1: 135.990 High May 8
*PRICE: 135.730 @ 04:45 BST May 15
*SUP 1: 135.450 Low May 12
*SUP 2: 135.340 Low Apr 30 and key near-term support
*SUP 3: 135.290 50-day EMA
*SUP 4: 135.010 Low Apr 28
Bobl futures are unchanged. Price action this week has defined an initial firm
support at 135.45, May 12 low ahead of the more important level at 135.340, Apr
30 low. The price pattern on Apr 30 was a standard line, a bullish candle
formation that reinforces the current uptrend. Attention is on 136.300, May 4
high where a break would open 136.390, Mar 16 high and 136.679 further out, a
retracement level. Weakness below 135.340 would be a concern for bulls.

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