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(M9) Bulls Look For A Higher High .......>

BOBL TECHS
BOBL TECHS: (M9) Bulls Look For A Higher High 
*RES 4: 134.890 High Feb 24, 2017 (continuation chart) 
*RES 3: 133.860 Channel top 
*RES 2: 133.710 High May 15 
*RES 1: 133.650 High May 17 
*PRICE: 133.510 @ 01:56 GMT May 23 
*SUP 1: 133.340 Low May 21 
*SUP 2: 133.210 Low May 10 
*SUP 3: 132.930 Low May 7 
*SUP 4: 132.919 55-dma 
Bobl futures held above Tuesday's low yesterday allowing a recovery back through
133.500 which puts the focus back on Friday's high at 133.650. A recovery above
here is needed to establish a higher high and open the May 15 ytd high at
133.710 ahead of channel top resistance. Bears continue to target Tuesday's low
at 133.340 to build downside momentum towards the May 10 low at 133.210. A break
below here would bring the May 7 low at 132.930 into play ahead of the 55-dma. 

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