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(U9) Holding above trendline *RES 4:.....>

BOBL TECHS
BOBL TECHS: (U9) Holding above trendline
*RES 4: 137.000 Round number resistance
*RES 3: 136.315 1.618 projection of Jul 12-Jul 25 rally from Jul 25 low
*RES 2: 136.240 Contract high Aug 20
*RES 1: 136.210 High Aug 29
*PRICE: 136.100 @ 02:45 GMT Aug 30
*SUP 1: 136.000 Trendline support drawn off Jul 12 low
*SUP 2: 135.890 Low Aug 26
*SUP 3: 135.640 Low Aug 22 and key support
*SUP 4: 135.403 38.2% retracement of Jul 12 - Aug 20 rally
U9 Bobl traded just short of the 136.240 contract high yesterday. Trendline
support drawn off the July 12 low, at 136.00 today remains intact.. Key support
is at 135.640, the low of Aug 22 and as long as this level holds, the bull trend
remains intact. The focus is on the contract high of 136.240 where a break would
open 136.315 . On the downside, a trendline break and breach of 135.640 would
signal a top. Momentum in this instance would likely be bearish too.

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