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(U9) Range breakout *RES 4: 136.000......>

BOBL TECHS
BOBL TECHS: (U9) Range breakout
*RES 4: 136.000 Round number resistance
*RES 3: 135.320 Range breakout projection
*RES 2: 135.000 Round number resistance
*RES 1: 134.810 Contract high, Jul 22
*PRICE: 134.750 @ 02:59 GMT July 23
*SUP 1: 134.520 Low Jul 18
*SUP 2: 134.350 Low Jul 17
*SUP 3: 134.260 Low Jul 16
*SUP 4: 134.080/050 Low Jun 18 and key support / Low Jul 12
U9 Bobl is bullish following last weeks rally and yesterday printed a new
contract high. This confirms a resumption of the uptrend and with momentum
studies in a bull mode too, further gains are favoured. The break to new highs
yesterday also confirms a breakout of the range the contract has been in since
the high of Jun 18. The range projection is 135.32. On the downside, support
lies at 134.52.

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