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(M0) Holding Above Key Supports *RES.....>

BOBL TECHS
BOBL TECHS: (M0) Holding Above Key Supports
*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: 135.730 @ 04:48 BST May 18
*SUP 1: 135.450 Low May 12
*SUP 2: 135.351 50-day EMA
*SUP 3: 135.340 Low Apr 30 and key near-term support
*SUP 4: 135.010 Low Apr 28
Bobl futures while choppy, continue to trade sideways. Price action last week
defined an initial firm support at 135.45, May 12 low ahead of the more
important 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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