By Jason Sen
| Dec 21, 2012 04:46PM GMT |
March Bobl did beat 127.19 as hoped to test the next level and resistance at 127.33/34. This held the exact high of the day but if we can push through here today look for 127.45/46, possibly 127.57/58.
Support at 127.19/18 held nicely in the afternoon but if we dip below here today look for a retest of 127.00/96 lows for this week. Stops on longs needed below 126.89 for 126.83 and then the December lows for the March contract at 126.72.
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