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(Z9) Bearish Within Its Channel *RES.....>

BOBL TECHS
BOBL TECHS: (Z9) Bearish Within Its Channel
*RES 4: 135.240 High Oct 14
*RES 3: 135.080 Low Sep 13
*RES 2: 134.730 High Oct 23 and key near-term resistance
*RES 1: 134.530 High Oct 28
*PRICE: 134.400 @ 04:47 GMT Oct 30
*SUP 1: 134.310 Low Oct 28
*SUP 2: 134.040 1.000 projection of Sep 3 - Sep 13 decline from Oct 3 high
*SUP 3: 133.668 Projected channel base drawn off Sep 3 high
*SUP 4: 133.615 1.236 projection of Sep 3 - Sep 13 decline from Oct 3 high
Z9 Bobl maintains a bearish outlook following the resumption of its downtrend
Monday having cleared former support at 134.410, Oct 17 low. The break lower
paves the way for weakness towards 134.040 and 133.668. The former is a
Fibonacci projection and the latter the base of a bear channel drawn off Sep 3
high. Key near-term resistance has been established at 134.73, Oct 23/24 high
where a break is required to alter the picture.

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