(Z18) Setbacks Remain Limited *RES 4:...>

BOBL TECHS: (Z18) Setbacks Remain Limited 

*RES 4: 132.610 High Aug 17 (continuation chart) 

*RES 3: 132.200 Double bottom target 

*RES 2: 131.940 High Aug 17 

*RES 1: 131.820 High Nov 15 

*PREVIOUS CLOSE: 131.690 

*SUP 1: 131.520 Low Nov 19 

*SUP 2: 131.099 55-dma 

*SUP 3: 130.900 Low Oct 22 

*SUP 4: 130.520 Low Oct 12 

Dec-18 Bobl futures have pulled back following Friday's failure to break higher.

But the setback has been limited and the uptrend remains intact. Initial

support, which has limited the downside in recent trading sessions, remains at

131.58, just ahead of up trendline support at 131.560. Holding above here allows

the focus to remain on the Nov 15 high at 131.820. Bears need to close below

Monday's low at 131.520 to allow a push back below the 55-dma 131.099.