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(Z9) Trading Sideways *RES 4: 136.020....>

BOBL TECHS
BOBL TECHS: (Z9) Trading Sideways
*RES 4: 136.020 Low Aug 22
*RES 3: 135.980 50.0% retracement of Sep 3 - Sep 13 decline
*RES 2: 135.768 38.2% retracement of Sep 3 - Sep 13 decline
*RES 1: 135.680 High Sep 27 and 30
*PRICE: 135.610 @ 03:32 GMT Oct 1
*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 unchanged as consolidation sets in. Price action has traded through
trendline resistance drawn off the Sep 3 high. However this has occurred with
prices moving sideways, and the break is insignificant in terms of providing a
directional signal. A break of 135.680 would support a bullish outlook and open
the 135.768 retracement level initially. On the downside, sub 135.370 levels
would instead suggest the bear trend is resuming.

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