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(Z9) Bears eye key support *RES 4:.......>

BOBL TECHS
BOBL TECHS: (Z9) Bears eye key support
*RES 4: 137.000 Round number resistance
*RES 3: 136.880 Contract high, Sep 3
*RES 2: 136.630 High Sep 4
*RES 1: 136.560 High Sep 4
*PRICE: 136.090 @ 02:52 GMT Sep 10
*SUP 1: 136.060/050 Low Aug 23 and Sep 9
*SUP 2: 136.020 Low Aug 22 and key support
*SUP 3: 135.730 Low Aug 7
*SUP 4: 135.711 50-day EMA
Z9 Bobl selling pressure returned yesterday. The focus near-term is on key
support at 136.02, Aug 22 low. A break would undermine bullish sentiment further
and signal potential for a deeper correction near-term. This would open 135.73,
the low of Aug 7. Momentum studies are pointing south reinforcing the developing
bearish theme. Initial resistance is 136.560, Aug 5 high. If 136.02 holds and
prices move above 136.560, this would alter the directional outlook.

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