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

BOBL TECHS
BOBL TECHS: (Z9) Still Correcting Higher
*RES 4: 135.060 High Oct 15
*RES 3: 134.73 High Oct 23 and 24
*RES 2: 134.658 Channel top drawn off the Sep 3 high
*RES 1: 134.460 High Nov 14
*PRICE: 134.370 @ 04:56 GMT Nov 15
*SUP 1: 134.030 Low Nov 13
*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: 133.193 Projected channel base drawn off Sep 3 high
Z9 Bobl continued to trade higher yesterday and remains firm. Resistance at
134.410, Nov 7 high has been breached. This signals scope for an extension of
the current correction and attention turns to the bear channel resistance that
intersects at 134.658. Note too that a key resistance lies just above at 134.73,
Oct 23/24 high. Clearance of this resistance zone would represent an important
technical break. Support for today lies at lies at 134.030.

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