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(Z18) Bears In Control *RES 4: 131.940...>

BOBL TECHS
BOBL TECHS: (Z18) Bears In Control
*RES 4: 131.940 High Aug 17 
*RES 3: 131.670 High Sep 3 
*RES 2: 131.440 High Sep 6 
*RES 1: 131.152 100-DMA
*PREVIOUS CLOSE: 131.050 
*SUP 1: 130.560 Low Aug 2 
*SUP 2: 130.330 Low Jun 11  
*SUP 3: 130.080 Low May 15
*SUP 4: 130.020 Low Apr 25 
The close below the 100-dma in Dec-18 Bobl futures keeps the bears firmly in
control and allows for a challenge of the Aug 2 lows at 130.56. A large topping
pattern would be triggered below this level. Bulls need to recover the 100-dma
at 131.152 to stabilise the near term outlook and recover the Sep 6 high at
131.440 to return the focus to the Sep 3 high of 131.670.

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