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(H18) Bulls Now Need Close Above.........>

BOBL TECHS
BOBL TECHS: (H18) Bulls Now Need Close Above 131.76
*RES 4: 132.232 55-DMA 
*RES 3: 132.007 100-DMA 
*RES 2: 131.880 Hourly support Dec 20 now resistance 
*RES 1: 131.760 High Dec 21
*PREVIOUS CLOSE: 131.670
*SUP 1: 131.430 Low Dec 27
*SUP 2: 131.350 Monthly Low Nov 30 (cont)
*SUP 3: 131.297 Daily Bear channel base
*SUP 4: 131.248 Weekly Bollinger band base
*COMMENTARY: O/S daily studies and the Bollinger base (131.303) remain the key
concern for bears given the bounce from the bull channel base last Wednesday.
Bulls now look for a close above 131.760 to ease bearish pressure and above the
100-DMA to shift immediate focus to 132.137-240. While 131.760 caps bears remain
focused on 130.920-131.350 where Nov lows are noted.

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