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(Z9) Correcting *RES 4: 136.360 High.....>

BOBL TECHS
BOBL TECHS: (Z9) Correcting
*RES 4: 136.360 High Sep 9 and 12
*RES 3: 136.020 Low Aug 22
*RES 2: 135.691 Trendline resistance drawn of Sep 3 high
*RES 1: 135.590 High Sep 24 and intraday high
*PRICE: 135.570 @ 03:48 GMT Sep 25
*SUP 1: 135.150 Low Sep 23
*SUP 2: 135.080 Low Sep 13
*SUP 3: 135.033 1.618 projection of Sep 3 - Sep 5 decline from Sep 9 high
*SUP 4: 134.720 2.000 projection of Sep 3 - Sep decline from Sep high
Z9 Bobl is firmer this week having breaching resistance at 135.410 Monday to
mark a breakout of the short-term range prices had recently established. This
signals scope for a stronger bounce. Attention is on trendline resistance at
135.691, drawn off the Sep 3 high. While the trendline remains intact, gains are
likely corrective in nature with this months bearish trend still in place.
Initial support for bears to breach lies at 135.15.

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