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(U18) Downtrend Accelerates *RES 4:......>

BOBL TECHS
BOBL TECHS: (U18) Downtrend Accelerates
*RES 4: 132.970 High May 29 
*RES 3: 132.660 Gap left on May 30 
*RES 2: 132.610 High Aug 17 
*RES 1: 132.430 High Aug 22 
*PREVIOUS CLOSE: 132.000 
*SUP 1: 131.790 Low Aug 7 
*SUP 2: 131.700 Up trendline support from June lows 
*SUP 3: 131.660 Low Aug 3 
*SUP 4: 131.360 Low Aug 1 
The Sep-18 Bobl broke cleanly below its 55-dma yesterday as bears remain firmly
in control with the Aug 7 low of 131.790 the next level of support. Up trendline
support from the June lows comes in just below this level at 131.700, and a
break below here would cement the bearish reversal pattern. Bulls need to
overcome 132.430 to return to the broader bullish trend and target the August 17
highs.

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