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(Z18) Bears Gain Traction *RES 4:........>

BOBL TECHS
BOBL TECHS: (Z18) Bears Gain Traction
*RES 4: 132.200 Double bottom target 
*RES 3: 131.850 High Aug 17 
*RES 2: 131.680 High Oct 26 
*RES 1: 131.440 High Nov 6 
*PREVIOUS CLOSE: 131.120 
*SUP 1: 131.061 55-dma 
*SUP 2: 130.900 Low Oct 22 
*SUP 3: 130.520 Low Oct 12 
*SUP 4: 130.260 Low Oct 5 
Bobl futures extended their selloff yesterday towards the 55-dma which comes in
at 131.061. A break below here would add weight to the bearish case and open the
Oct 22 low at 130.900. Bulls need to recover Tuesday's high at 131.440 to return
the focus to the upside and the Oct 26 high of 131.680. Above here brings the
Aug 17 high back into play.

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