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(U9) Consolidating In Rising 7-Week......>

BOBL TECHS
BOBL TECHS: (U9) Consolidating In Rising 7-Week Channel
*RES 4: 135.000 Psychological level
*RES 3: 134.890 High Feb 24, 2017
*RES 2: 134.480 Projected channel top from May 3 low
*RES 1: 134.170/230 Contract high June 6, High 7 Mar 2017
*PRICE: 134.080 @ 04:30 GMT June 13
*SUP 1: 133.915 Projected channel base from May 3 low
*SUP 2: 133.777 21-dma
*SUP 3: 133.680 Outside day low June 6
*SUP 4: 133.300 Low May 22
U9 Bobl is consolidating in a rising channel range from May 3, where parameters
come in at 133.915/134.480. Initial resistance is at contract high at 134.17 and
the Mar 7 2017 high at 134.230. Medium-term outlook is constructive whilst above
21-dma at 133.777.

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