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(Z9) Trading at the trendline *RES 4:....>

BOBL TECHS
BOBL TECHS: (Z9) Trading at the trendline
*RES 4: 136.360 High Sep 9 and 12
*RES 3: 136.020 Low Aug 22
*RES 2: 135.768 38.2% retracement of Sep 3 - Sep 13 decline
*RES 1: 135.617/640 T-line resistance drawn of Sep 3 high / High Sep 25
*PRICE: 135.540 @ 02:53 GMT Sep 27
*SUP 1: 135.370 Low Sep 24
*SUP 2: 135.150 Low Sep 23
*SUP 3: 135.080 Low Sep 13 and bear trigger
*SUP 4: 135.033 1.618 projection of Sep 3 - Sep 5 decline from Sep 9 high
Z9 Bobl is holding onto this weeks gains. Attention remains on the key trendline
resistance at 135.543, drawn off the Sep 3 high. Prices are currently trading at
the line. While the trendline remains intact, recent gains are likely corrective
in nature. A reversal would re-focus attention on the 125.080 low of Sep 13
where a break would confirm a resumption of the downtrend. Bulls need to see a
firm trendline break to get excited. This would open 135.768.

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