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(U0) Bullish Cycle Extends *RES 4:.......>

BOBL TECHS
BOBL TECHS: (U0) Bullish Cycle Extends
*RES 4: 135.340 High May 18
*RES 3: 135.228 76.4% projection of the Jun 5 - 15 rally from Jun 17 low
*RES 2: 135.150 50.0% retracement of the May 4 - Jun 10 decline (cont)
*RES 1: 135.080 Intraday high
*PRICE: 135.050 @ 05:03 BST Jun 29
*SUP 1: 134.670 20- and 50-day EMA
*SUP 2: 134.560 Low Jun 24 and key near-term support
*SUP 3: 134.410 Low Jun 17
*SUP 4: 134.210 Low Jun 11
Bobl futures traded higher again Friday ending the week on a firm note with the
uptrend intact. Last week's gains confirmed a resumption of the current bullish
cycle and also confirmed a bullish price sequence of higher highs and higher
lows. Momentum studies are firm too. The clear break of 134.930, May 22 high
opens 135.340 next, the May 18 high. Key support has been defined at 134.560,
Jun 24 low. Bullish!

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