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(M9) Bears Look To The 50-DMA *RES 4:....>

BOBL TECHS
BOBL TECHS: (M9) Bears Look To The 50-DMA
*RES 4: 133.320 High Feb 8 (continuation chart) 
*RES 3: 133.170 High Feb 26 (continuation chart) 
*RES 2: 132.908/133.020 21-dma/High Mar 7 (continuation chart) 
*RES 1: 132.660 High Mar 8 
*PRICE: 132.420 @ 05:07 GMT Mar 12 
*SUP 1: 132.230/222 Low Mar 7/50-dma 
*SUP 2: 132.040 Low Mar 6 
*SUP 3: 131.930 Low Mar 5 
*SUP 4: 131.910 Low Mar 4 
Bobl futures have edged back from last week's highs but the broader bullish
picture remains intact. The change that bears would need to take out Thursday's
low and the 50-dma at 132.230/222. Below here would open the series of higher
lows seen in early March. On the upside bulls look to Friday's high at 132.660
to return the focus to the Feb highs on the continuation chart. 

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