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(M0) Bullish Focus *RES 4: 136.580.......>

BOBL TECHS
BOBL TECHS: (M0) Bullish Focus
*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: 135.960 High May 6
*PRICE: 135.810 @ 05:04 BST May 8
*SUP 1: 135.520 Low May 8
*SUP 2: 135.340 Low Apr 30 and key near-term support
*SUP 3: 135.245 50-day EMA
*SUP 4: 135.010 Low Apr 28
Bobl futures pullbacks are still considered a correction. Firm support is seen
at 135.340, Apr 30 low. The price formation on this day was a standard line, a
bullish candle pattern that reinforces current bullish trend conditions. While
it holds, attention remains on Monday's 136.300 high where a break would confirm
a resumption of the uptrend and open 136.390, Mar 16 high and 136.679 further
out, a retracement level. Weakness below 135.340 would concern bulls.

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