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(Z9) Channel Resistance Holds For Now....>

BOBL TECHS
BOBL TECHS: (Z9) Channel Resistance Holds For Now
*RES 4: 135.060 High Oct 15
*RES 3: 134.730 High Oct 23 and 24 and key resistance
*RES 2: 134.530 High Nov 20
*RES 1: 134.490 Channel top drawn off the Sep 3 high
*PRICE: 134.400 @ 04:43 GMT Nov 21
*SUP 1: 134.240 Low Nov 18
*SUP 2: 134.030 Low Nov 13
*SUP 3: 133.830 Low Nov 7 and key support
*SUP 4: 133.615 1.236 projection of Sep 3 - Sep 13 decline from Oct 3 high
Z9 Bobl Pushed higher yesterday but did stall at the day high. The outlook for
now remains positive following recent gains and, following the breach of
resistance at 134.410, Nov 7 high. Attention is on the bear channel resistance
that intersects at 134.490. Note, a key resistance is located just above at
134.730, Oct 23/24 high. Clearance of this zone is needed to signal a possible
trend reversal. Support for today lies at lies at 134.240.

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