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(U9) Engulfed In Rising Channel *RES.....>

BOBL TECHS: (U9) Engulfed In Rising Channel
*RES 4: 136.000 Round number resistance
*RES 3: 135.370 Bull channel top drawn off the May 22 low
*RES 2: 135.320 Range breakout projection
*RES 1: 135.230 Contract high, Aug 2
*PRICE: 135.200 @ 04:00 GMT Aug 2
*SUP 1: 134.810 Low Jul 31
*SUP 2: 134.600 Low Jul 25
*SUP 3: 134.520 Low Jul 18
*SUP 4: 134.355 Bull channel base drawn of the May 22 low
U9 Bobl pushing higher and making fresh contract highs at 135.190. Above here,
focus turns to 135.370 - the value of the bull channel top from May 22 low and
nothing significant until 136.000 psychological level. Initial support seen at
134.810 and 134.600 seen as key.

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