March Bobl Tests Support At 127.66

Published 12/12/2012, 01:16 AM
Bobl
March Bobl hit some profit taking and tested support at 127.66, over running to 127.57. A break below 127.50 today would target 127.37/35 where we look for a bounce so exit any shorts and buy in to longs with a stop below 127.21/19 support.

Back above 127.67 we could test yesterday’s high at 127.80 with a push back up through here needed for a test of recent highs at 127.97/128.00. A push through here then sees 128.23 on the way to all-time highs at 128.34.

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