Market Overview

Technical Forecast for BOBL

Technical Forecast for BOBL


Bobl held 125.53 for the second day with today’s outlook more positive. Resistance at 125.86/88 then a trend line at 125.95/98. We could see a high for the day here so exit longs & try shorts with stops above 126.05. Be ready to buy in to longs on a break higher for a target of 126.19/24.


Immediate support is 125.69/66 but below here a retest of the 100 week moving average at 125.54/53 offers a buying opportunity & a low for the day expected again. Stops on longs below 125.48 for good support at 125.38/34 & another buying opportunity today.

The following article is from one of our external contributors. It does not represent the opinion of Benzinga and has not been edited.

Posted-In: Technicals Markets Trading Ideas


Related Articles

View Comments and Join the Discussion!