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(Z18) Above 131.490 Needed To Extend.....>

BOBL TECHS
BOBL TECHS: (Z18) Above 131.490 Needed To Extend Gains
*RES 4: 132.200 Double bottom target 
*RES 3: 131.850 High Aug 17 
*RES 2: 131.670 High Sep 3 
*RES 1: 131.490 High Oct 24 
*PREVIOUS CLOSE: 131.390 
*SUP 1: 130.900 Low Oct 22 
*SUP 2: 130.700 Low Oct 16 
*SUP 3: 130.520 Low Oct 12 
*SUP 4: 130.260 Low Oct 5 
Bobl futures edged lower yesterday but closed well off their lows to keep
Wednesday's high at 131.490 in play. Above here extends the rally towards the
Sep 3 high at 131.670 and the Aug 17 high at 131.850, with the double bottom
target lying ahead at 132.200. Bears need to close below Monday's low at 130.900
to shift the focus lower to the Oct 12 lows at 130.520. Below here would suggest
a potential bearish reversal.

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