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(M0) Deeper Correction *RES 4: 136.580...>

BOBL TECHS
BOBL TECHS: (M0) Deeper Correction
*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: 135.410 @ 05:10 BST May 19
*SUP 1: 135.320 Low May 18
*SUP 2: 135.230 Low Apr 29
*SUP 3: 135.010 Low Apr 28
*SUP 4: 134.770 Low Apr 23 and key support
Bobl futures sold off yesterday trading below 135.450, May 12 low and the more
important 135.340, Apr 30 low. Despite the pullback, the trend outlook remains
bullish and the move lower is still viewed as a correction. Yesterday's low of
135.320 marks a key intraday support, if breached it would allow for a deeper
pullback and open 135.010, Apr 28 low and 134.770, Apr 23 low. Attention is on
the 135.900/990 zone and key resistance at 136.300, the May 4 high.

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