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(Z17) Rallies From One 76.4% Fibo........>

BOBL TECHS
BOBL TECHS: (Z17) Rallies From One 76.4% Fibo Retrace Level To Another
*RES 4: 132.50 1.618 swing of 132.06-131.35
*RES 3: 132.33 0.5% volatility band
*RES 2: 132.06 Nov 8 high
*RES 1: 131.82/89 Nov 28, Nov 15, Nov 9 highs, 76.4% Fibo
*PRICE: 131.80 @1618GMT
*SUP 1: 131.57/60 Nov 30 high, intraday hourly low
*SUP 2: 131.45 Hourly congestion area Nov 29-30
*SUP 3: 131.32/35 76.4% of 131.09-132.06, intraday low
*SUP 4: 131.17 38.2% Fibo of 129.72-132.06
*COMMENTARY* Support found from just above the 76.4% Fibo retrace level at
131.32 on Thursday, has been followed by a strong recovery which now aims for
another 76.4% Fibo, this time on the topside at 131.89, at the top end of some
congested highs between 131.82 and here. Will need through 131.89 before the
overall bias can swing back to higher. Meantime, support from 131.60-131.45
protects the downside.

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