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(U9) New contract high however watch.....>

BOBL TECHS
BOBL TECHS: (U9) New contract high however watch for bearish threats
*RES 4: 135.000 Psychological level
*RES 3: 134.890 High Feb 24, 2017
*RES 2: 134.568 Projected channel top from May 3 low
*RES 1: 134.200 Contract high June 14
*PRICE: 134.060 @ 04:16 GMT June 17
*SUP 1: 134.050 Low Jun 14 and channel base
*SUP 2: 133.900 Low Jun 7
*SUP 3: 133.680 Low Jun 6
*SUP 4: 133.300 Low May 22
U9 Bobl uptrend remain in place. However, in Japanese candlestick terms,
Friday's price action is an inverted hammer which represents an early warning
that the uptrend may be at a more mature stage. Bearish divergence between price
and momentum has also developed. Bulls should be on the lookout for additional
signs that highlight a threat to the current upleg. The support to monitor for
now is 133.90, the Jun 7 low.

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