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(U9) Sitting on 134.080 key support......>

BOBL TECHS
BOBL TECHS: (U9) Sitting on 134.080 key support
*RES 4: 134.698 Trendline support now resistance drawn off the May 3 low
*RES 3: 134.430 High Jul 10
*RES 2: 134.38 Hugh Jul 11
*RES 1: 134.150 Low Jun 27
*PRICE: 134.110 @ 03:10 GMT July 12
*SUP 1: 134.080 Low Jun 18 and key support
*SUP 2: 133.954 50-day EMA
*SUP 3: 133.900 Low Jun 7
*SUP 4: 133.680 Low Jun 6
U9 Bobl is heavy. With trendline support drawn off the May 3 low breached this
week and momentum studies in a bear mode, bearish pressure is likely to dominate
near-term. A key support though at 134.08 needs to be cleared to trigger a
resumption of weakness. This is the low of Jun 18 and the base of a strong
standard line candle formation. It represents a key support, a break would open
133.954, the 50-day EMA. Resistance is at 134.38.

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