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(H18) Looking A Little Heavy *RES 4:.....>

BOBL TECHS
BOBL TECHS: (H18) Looking A Little Heavy
*RES 4: 132.975 Daily Bull channel top (Oct 25 low) 
*RES 3: 132.850 Low May 30 now resistance 
*RES 2: 132.740 High Dec 7 
*RES 1: 132.620 High Dec 11
*PREVIOUS CLOSE: 132.520
*SUP 1: 132.430 Hourly resistance Dec 5 now support
*SUP 2: 132.395 21-DMA
*SUP 3: 132.340 Hourly support Dec 5
*SUP 4: 132.250 Low Dec 4
*COMMENTARY: Hesitation ahead of last week's high continued Monday and resulted
in a close below 132.520, easing bullish pressure and sees bears looking for a
correction initially targeting 132.206-250 where the 55-DMA is noted. A close
below the 55-DMA then shift focus to 131.836-132.065 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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