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(Z18) Weakness Intensifying *RES 4:......>

BOBL TECHS
BOBL TECHS: (Z18) Weakness Intensifying
*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: 130.870 
*SUP 1: 130.560 Low Aug 2 
*SUP 2: 130.330 Low Jun 11 
*SUP 3: 130.080 Low May 15 
*SUP 4: 130.020 Low Apr 25 
The Aug 2 lows at 130.560 are coming into focus following another down day for
Dec-18 Bobl futures yesterday. Below here would suggest a large topping pattern
has been triggered, shifting the medium-term outlook bearish. Bulls need to
recover the Sep 12 high of 131.200 to gain some breathing room and stabilize the
near term outlook. A rally above the Sep 6 high at 131.440 would return the
focus to the Sep 3 high.

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