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(Z9) Short-Term Upside Likely *RES 4:....>

BOBL TECHS
BOBL TECHS: (Z9) Short-Term Upside Likely
*RES 4: 136.360 High Sep 12
*RES 3: 136.192 61.8% retracement of Sep 3 - Sep 13 decline
*RES 2: 135.980 50.0% retracement of Sep 3 - Sep 13 decline
*RES 1: 135.840 High Oct 3
*PRICE: 135.650 @ 03:09 GMT Oct 8
*SUP 1: 135.570 Low Oct 3
*SUP 2: 135.420 Low Oct 1 and key intraday support
*SUP 3: 135.370 Low Sep 24
*SUP 4: 135.150 Low Sep 23
Z9 Bobl continued to retrace lower Monday. The focus remains on resistance at
135.840 with potential for gains over the S/T still intact. This follows the
recent breach of former resistance at 135.680, Sep 27 high late last week that
ended a period of consolidation. Furthermore, 135.768, 38.2% of Sep 3 - Sep 13
decline has also been breached opening the 50% level at 135.980. A move above
the 50% retracement would expose 136.192. Support lies at 135.42.

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