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

BOBL TECHS
BOBL TECHS: (M0) Bullish Outlook 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: 135.770 @ 04:55 BST May 11
*SUP 1: 135.520 Low May 8
*SUP 2: 135.340 Low Apr 30 and key near-term support
*SUP 3: 135.270 50-day EMA
*SUP 4: 135.010 Low Apr 28
Bobl futures key near-term support has been defined at 135.340, Apr 30 low. The
price formation on this day was a standard line, a bullish candle pattern that
reinforces underlying bullish trend conditions. While it holds, attention is on
136.300. Apr 4 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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