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(M0) Correction Over? *RES 4: 137.825....>

BOBL TECHS
BOBL TECHS: (M0) Correction Over?
*RES 4: 137.825 2.500 projection of Jan 14 - Jan 31 rally from Feb 6 low
*RES 3: 137.710 High Mar 9 and bull trigger
*RES 2: 137.290 High Mar 11
*RES 1: 136.580 High Mar 13
*PRICE: 136.370 @ 05:07 GMT Mar 16
*SUP 1: 135.740 Low Mar 13
*SUP 2: 135.500 Low Feb 27
*SUP 3: 135.330 Low Feb 26
*SUP 4: 135.140 Low Feb 25
Bobl futures fell sharply Friday as the correction that unfolded last week
extended. Prices have traded below a key short-term area of support at 136.081
the 20-day EMA but have started the day firmer and are back above the EMA. If
the correction lower is over, Friday's low of 135.740 would need to remain
intact. The first key hurdle for bulls is at 136.580, Friday's high. A break
would open 137.290. Sub 135.740 resumes bearish pressure.

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