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(M0) Sharp Pullback *RES 4: 137.984......>

BOBL TECHS
BOBL TECHS: (M0) Sharp Pullback
*RES 4: 137.984 2.618 projection of Jan 14 - Jan 31 rally from Feb 6 low
*RES 3: 137.825 2.500 projection of Jan 14 - Jan 31 rally from Feb 6 low
*RES 2: 137.710 High Mar 9
*RES 1: 137.120 Intraday high
*PRICE: 136.720 @ 05:07 GMT Mar 10
*SUP 1: 136.500 Low Mar 6
*SUP 2: 136.090 Low Mar 4
*SUP 3: 135.860 Low Mar 3
*SUP 4: 135.802 20-day EMA
Bobl futures have staged a strong pullback, down sharply off yesterday's high of
137.710. The strong uptrend has been in overbought territory for some time and
perhaps now we can consider the beginning of a much needed technical correction.
Attention is on Friday's low of 136.500 where a break would open support
highlighted by the 20-day EMA at 135.802. Initial resistance this morning is at
today's 137.120 intraday high.

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