(Z18) Short-Term Outlook Remains.........>

BOBL TECHS: (Z18) Short-Term Outlook Remains Neutral 

*RES 4: 131.670 High Sep 3 

*RES 3: 131.440 High Sep 6 

*RES 2: 131.170 High Oct 2 

*RES 1: 130.700 High Oct 9 

*PREVIOUS CLOSE: 130.550 

*SUP 1: 130.260 Low Oct 5 

*SUP 2: 128.820 Low Dec 2015 (continuation chart) 

*SUP 3: 128.340 Low Sep 2015 (continuation chart) 

*SUP 4: 127.540 Low Jun 2015 (continuation chart) 

The near-term outlook for Dec-18 Bobl futures remains neutral following

yesterday's hold above the Oct 5 low at 130.260. Bulls need to recover

yesterday's high of 130.700 to shift the balance in their favour and target the

Oct 2 high at 131.170, a break of which is needed to re-establish the bullish

trend. Bears need to close below 130.210 to extend the downtrend and target the

March 9 low on the continuation chart.