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(Z9) Heavy Once Again *RES 4: 136.192....>

BOBL TECHS
BOBL TECHS: (Z9) Heavy Once Again
*RES 4: 136.192 61.8% retracement of Sep 3 - Sep 13 decline
*RES 3: 135.980 50.0% retracement of Sep 3 - Sep 13 decline
*RES 2: 135.840 High Oct 3
*RES 1: 135.560 High Oct 10
*PRICE: 135.070 @ 03:00 GMT Oct 11
*SUP 1: 135.050 Low Oct 10
*SUP 2: 134.728 0.618 projection of Sep 3 - Sep 13 decline from Oct 3 high
*SUP 3: 134.465 0.618 projection of Sep 3 - Sep 13 decline from Oct 3 high
*SUP 4: 134.040 1.000 projection of Sep 3 - Sep 13 decline from Oct 3 high
Z9 Bobl is once again under pressure following sharp losses Thursday that probed
the key support at 135.080. The reversal lower signals an end to what now
appears to have been a corrective recovery since Sep 13. With this correction
over, further weakness is seen likely near-term with potential for a move to
134.728, a Fibonacci projection. Momentum studies are bearish reinforcing the
change in direction. Initial resistance is yesterday's 135.560 high.

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