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(M0) Bullish Focus *RES 4: 136.679.......>

BOBL TECHS
BOBL TECHS: (M0) Bullish Focus
*RES 4: 136.679 76.4% retracement Mar 9 - 19 sell-off
*RES 3: 136.580 High Mar 13
*RES 2: 136.390 High Mar 16
*RES 1: 136.300 High May 4
*PRICE: 135.910 @ 04:56 BST May 6
*SUP 1: 135.69/640 Low May 5/ High Mar 30
*SUP 2: 135.340 Low Apr 30
*SUP 3: 135.010 Low Apr 28 and key near-term support
*SUP 4: 134.770 Low Apr 23 and bear trigger
Bobl futures outlook is unchanged and remains bullish. The contract rallied
higher Apr 30, clearing resistance at 135.640, Mar 30 high. This confirmed a
resumption of the uptrend in place since Mar 19. Monday, futures cleared the
61.8% retracement of the Mar 9 - 19. Despite pulling back from the high, the
break reinforces the bullish theme and opens 136.390, Mar 16 high and 136.679
further out, the 76.4% retracement. Initial support lies at 135.69/64.

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