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(Z18) Sep 13 High Next Upside Target.....>

BOBL TECHS
BOBL TECHS: (Z18) Sep 13 High Next Upside Target
*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 13 
*PREVIOUS CLOSE: 131.080 
*SUP 1: 130.800 Gap left on Oct 2
*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 surged at the open in response to Italian budget concerns
which allowed bulls to take out the Sep 21 high to shift the focus to the Sep 13
high at 131.200. A break above here would cement the bullish trend. Bears need a
close below the gap left at yesterday's open at 130.800 to target the Sep 25 low
at 130.320 to extend the downtrend and target the contract lows.

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