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(Z9) Breaks Out Of Its Consolidative.....>

BOBL TECHS
BOBL TECHS: (Z9) Breaks Out Of Its Consolidative Range
*RES 4: 136.360 High Sep 12
*RES 3: 136.192 61.8% retracement of Sep 3 - Sep 13 decline
*RES 2: 135.980 50.0% retracement of Sep 3 - Sep 13 decline
*RES 1: 135.840 High Oct 3
*PRICE: 135.740 @ 03:32 GMT Oct 4
*SUP 1: 135.420 Low Oct 1 and key intraday support
*SUP 2: 135.370 Low Sep 24
*SUP 3: 135.150 Low Sep 23
*SUP 4: 135.080 Low Sep 13 and bear trigger
Z9 Bobl has finally cleared resistance at 135.680, Sep 27 high to end the recent
period of consolidation. The move higher has resulted in the contract clearing
135.768, 38.2% retracement of Sep 3 - Sep 13 decline. This paves the way for a
climb towards the 50% level at 135.980. A move above the 50% retracement would
expose 136.192, the 61.8% level. The potential for an extension higher remains
while support, defined at 135.42 holds.

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