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(H18) 21-DMA Supporting, For Now *RES....>

BOBL TECHS
BOBL TECHS: (H18) 21-DMA Supporting, For Now
*RES 4: 132.850 Low May 30 now resistance 
*RES 3: 132.740 High Dec 7 
*RES 2: 132.620 High Dec 11 
*RES 1: 132.510 Hourly support Dec 11 now resistance
*PREVIOUS CLOSE: 132.470
*SUP 1: 132.403 21-DMA
*SUP 2: 132.340 Hourly support Dec 5
*SUP 3: 132.250 Low Dec 4
*SUP 4: 132.215 55-DMA
*COMMENTARY: Hesitation ahead of last week's high resulted in a close below
132.520, easing bullish pressure and sees bears looking for a correction
initially targeting 132.215-250 where the 55-DMA is noted. A close below the
55-DMA then shift focus to 131.858-132.077 where the bull channel base and
100-DMA are situated. Bulls need a close above 132.74 to reconfirm a bullish
bias initially targeting the bull channel top.

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