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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: 135.990 High May 8
*PRICE: 135.760 @ 04:52 BST May 14
*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 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 concern bulls.

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