Bobl: Failed To Hold 125.53/51
Jason Sen | Apr 28, 2014 03:39AM ET
Bobl beat 125.53/54 but failed just below 125.68/70 and sold off back to 125.53. Failure to hold 125.53/51 today targets 125.41/40. A good chance of a bounce from here but longs need stops below 125.37 for a retest of last week's low at 125.27/26. Just be aware that longs here need stops below 125.22 as we then look for 125.13 and possibly as far as 125.05/02 with April lows then at 124.92.
Immediate resistance at 125.59 but above here a selling opportunity at 125.65/66. A good chance of a high for the day again today but stops needed above 125.70 for the next selling opportunity at 125.76/77.
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