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(M9) Bears Look To Form A Downtrend......>

BOBL TECHS
BOBL TECHS: (M9) Bears Look To Form A Downtrend
*RES 4: 134.890 High Feb 24, 2017 (continuation chart) 
*RES 3: 133.840 Channel top 
*RES 2: 133.710 High May 15 
*RES 1: 133.650 High May 17 
*PRICE: 133.460 @ 04:50 GMT May 21 
*SUP 1: 133.400 Low May 20 
*SUP 2: 133.210 Low May 10 
*SUP 3: 132.930 Low May 7 
*SUP 4: 132.867/760 55-dma/Low Apr 30 
Bobl futures are looking to form a downtrend following the failure to overcome
ytd highs last week. The initial downside focus is on yesterday's low at 133.400
with a break building downside momentum towards the May 10 low at 133.210 ahead
of the May 7 low at 132.930. Bulls look to Friday's high at 133.650 with a
recovery opening Wednesday's ytd high at 133.710. 

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