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(Z18) Bears Dominating *RES 4: 131.940...>

BOBL TECHS
BOBL TECHS: (Z18) Bears Dominating
*RES 4: 131.940 High Aug 17 
*RES 3: 131.670 High Sep 3 
*RES 2: 131.440 High Sep 6 
*RES 1: 131.200 High Sep 12 
*PREVIOUS CLOSE: 130.370 
*SUP 1: 130.330 Low Jun 11 
*SUP 2: 130.080 Low May 15 
*SUP 3: 130.020 Low Apr 25 
*SUP 4: 129.760 Low Mar 9 
Dec-18 Bobl futures continue their decline yesterday which shows no sign of
ending any time soon. Bears now target the 130.00 area and the contract lows. In
order to shift the outlook positive, bulls need to overcome the Sep 12 high at
131.200, which would open up a return the to Sep 3 high at 131.670. However,
momentum is firmly to the downside. 

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