(Z17) Decline Tests Toward Key Near......>

BOBL TECHS: (Z17) Decline Tests Toward Key Near Term Support At 131.32

*RES 4: 132.06 Nov 8 high

*RES 3: 131.82/88 Nov 28, Nov 15, Nov 9 highs

*RES 2: 131.69/70 Pivotal congestion area November

*RES 1: 131.52/58 Nov 22, Nov 14 lows, now resistance

*PRICE: 131.40 @0945GMT

*SUP 1: 131.32 76.4% Fibo of 131.09-132.06

*SUP 2: 131.17 38.2% Fibo of 129.72-132.06

*SUP 3: 131.04/09 1% volatility band, Oct 25 low

*SUP 4: 130.89/92 38.2% Fibo of 129.72-132.06, Sep 28 low

*COMMENTARY* The correction of the 132.06-131.52 fall reached a high of 131.82

this week, unable to reclaim ground back above the tougher 131.88 region, that

would have seen near term bias return to the topside. The subsequent fall over

the last couple of days, has now lost support from that previous 131.52 low and

also 131.46-131.40. This now exposes the downside to a deeper 131.32 fall.

Nearest resistance now between 131.52-131.70.