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(U18) Medium-Term Uptrend Under Threat...>

BOBL TECHS
BOBL TECHS: (U18) Medium-Term Uptrend Under Threat
*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: 131.900 
*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 is under downward pressure as the Aug 7 lows and the uptrend
from the June lows come into focus. A break below these levels would cement the
bearish reversal pattern, opening up a run at the Aug 1 lows. Bulls need to
overcome 132.430 to re-establish the bullish trend and target the August 17
highs.

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