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(H18) Above 132.74 To Reconfirm..........>

BOBL TECHS
BOBL TECHS: (H18) Above 132.74 To Reconfirm Bullish Bias
*RES 4: 132.850 Low May 30 now resistance 
*RES 3: 132.740 High Dec 7 
*RES 2: 132.707 Bollinger band top 
*RES 1: 132.620 High Dec 11
*PREVIOUS CLOSE: 132.480
*SUP 1: 132.250 Low Dec 4
*SUP 2: 132.228 55-DMA
*SUP 3: 132.100 Daily Bull channel base (Off Oct 25 low)
*SUP 4: 131.970 Monthly low Nov 30
*COMMENTARY: Dips below the 21-DMA (132.411) continue to find support ahead of
the 55-DMA with pressure again returning to the 132.62-74 region. Bulls continue
to look for a close above 132.74 to reconfirm a bullish bias initially targeting
the bull channel top (133.022). Bears look for a close below the 55-DMA to
pressure layers of support 131.860-132.100 where the bull channel base and
100-DMA (131.899) are noted.

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