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(M9) Upside Break Triggered *RES 4:......>

BOBL TECHS
BOBL TECHS: (M9) Upside Break Triggered
*RES 4: 133.700 Inverse head and shoulders target 
*RES 3: 133.320 High Feb 8 (continuation chart) 
*RES 2: 133.310 High Mar 27 
*RES 1: 133.230 High May 7
*PRICE: 133.170 @ 05:14 GMT May 8 
*SUP 1: 132.760 Low Apr 30 
*SUP 2: 132.690/641 55-dma/Low Apr 17 
*SUP 3: 132.440 Low Mar 21 
*SUP 4: 132.230 Low Mar 19 
Bobl futures finally broke above their April 10 highs at 133.150 triggering an
inverse head and shoulders formation with the initial upside target coming in at
the March 27 contract high at 133.310. The inverse h&s target comes in at
133.700. On the downside, a break below the April 30 low at 132.760 is needed to
shift the focus to the 55-dma and the April 17 low at 132.690/641.

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