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(Z9) Correcting Higher *RES 4: 135.060...>

BOBL TECHS
BOBL TECHS: (Z9) Correcting Higher
*RES 4: 135.060 High Oct 15
*RES 3: 134.70/730 Channel top drawn off the Sep 3 high / High Oct 23/24
*RES 2: 134.490 High Nov 5
*RES 1: 134.410 High Nov 7 and key intraday resistance
*PRICE: 134.260 @ 04:51 GMT Nov 14
*SUP 1: 133.920 Low Nov 12
*SUP 2: 133.830 Low Nov 7
*SUP 3: 133.615 1.236 projection of Sep 3 - Sep 13 decline from Oct 3 high
*SUP 4: 133.235 Projected channel base drawn off Sep 3 high
Z9 Bobl is rebounding and remains firm today. Price action is retracing into the
daily range of Nov 7. The candle pattern on this day was a standard line and is
known as a continuation pattern. The high on this day of 134.410 is a key
intraday resistance. A break would suggest the corrective recovery has more
ground to cover and would open 134.70/73, channel resistance and the Oct 23/24
high. Support for now lies at 133.92, Nov 12 low.

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