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(Z18) Down Day Keeps Bearish Trend.......>

BOBL TECHS
BOBL TECHS: (Z18) Down Day Keeps Bearish Trend Intact 
*RES 4: 131.940 High Aug 17 
*RES 3: 131.670 High Sep 3 
*RES 2: 131.440 High Sep 6 
*RES 1: 131.173 100-DMA 
*PREVIOUS CLOSE: 131.090 
*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 bearish trend in Dec-18 Bobl futures remains intact following the failure of
yesterday's intraday gains to recover the 100-dma. The Aug 2 low at 130.56
remains the next downside target and represents a key support area. A large
topping pattern would be triggered below here. Bulls need to recover the 100-dma
at 131.173 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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