Bobl: Outlook Remains Quite Positive
Jason Sen | May 27, 2014 02:06AM ET
Bobl outlook remains quite positive with the bull trend intact. Immediate resistance at 126.56/57 then strong resistance at 126.64/67 which could hold the move but if we continue higher look for May highs at 126.73. A break higher is obviously positive and can target 126.84.
Below 126.52 meets good support at 126.47 but below here adds pressure for a retest of last week's low of 126.38/37. If we continue lower today look for a buying opportunity at 126.31/30, with stops below 126.23.
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