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Z18) New Lows Looking Likely *RES 4:.....>

BOBL TECHS
BOBL TECHS: Z18) New Lows Looking Likely
*RES 4: 131.940 High Aug 17 
*RES 3: 131.670 High Sep 3 
*RES 2: 131.440 High Sep 6 
*RES 1: 131.170 High Oct 2 
*PREVIOUS CLOSE: 130.450 
*SUP 1: 130.350 Low Sep 27 
*SUP 2: 130.320 Low Sep 25 
*SUP 3: 130.080 Low May 15 
*SUP 4: 130.020 Low Apr 25 
Dec-18 Bobl futures have not managed to push below their recent lows but a close
below the Sep 27 low at 130.350 would strongly suggest a resumption of the
broader downtrend. Tuesday's high of 131.170 remains the focus for the bulls, a
break above which would re-establish the bullish trend. However, momentum is
heavily against a bullish reversal. 

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