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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: 134.73 High Oct 23 and 24
*RES 2: 134.616 Channel top drawn off the Sep 3 high
*RES 1: 134.460 High Nov 14
*PRICE: 134.390 @ 04:47 GMT Nov 18
*SUP 1: 134.180 Low Nov 14
*SUP 2: 134.030 Low Nov 13
*SUP 3: 133.830 Low Nov 7
*SUP 4: 133.615 1.236 projection of Sep 3 - Sep 13 decline from Oct 3 high
Z9 Bobl remains firm for now following last weeks gains. Resistance at 134.410,
Nov 7 high has been breached. This signals scope for an extension of the recent
move higher that continues to be viewed as a correction. Attention is on the
bear channel resistance that intersects at 134.616. Note, a key resistance lies
just above at 134.73, Oct 23/24 high. Clearance of this zone would represent an
important technical break. Support for today lies at lies at 134.180.

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