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(Z18) Rally Short Lived *RES 4:..........>

BOBL TECHS
BOBL TECHS: (Z18) Rally Short Lived
*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: 130.530 
*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 returned the focus to the downside with a vengeance
yesterday showing that the broader bearish outlook remains intact. With the Aug
2 lows out of the way, bears can 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. 

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