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(U17) 132.48 Resistance Remains Key......>

BOBL TECHS
BOBL TECHS: (U17) 132.48 Resistance Remains Key
*RES 4: 133.00 Falling daily TL 
*RES 3: 132.95 High June 21 
*RES 2: 132.85 High June 26 
*RES 1: 132.48 Low June 22 now resistance
*PREVIOUS CLOSE: 132.41
*SUP 1: 132.35 Hourly support July 3
*SUP 2: 132.23 Hourly resistance Aug 1 now support
*SUP 3: 132.09 Hourly support July 28
*SUP 4: 132.01 Alternating hourly support/resistance
*COMMENTARY: Pressure remains on the 100-DMA (132.41) with bulls continuing to
look for a close above the key 132.48 resistance to confirm breaks of 55
(132.34) & 100-DMAs, shifting focus to 132.85-00. O/B studies and the Bollinger
top (132.45) remain concerns for bulls. In saying that, bears need a close below
132.23 to ease bullish pressure and shift focus back to 131-82-85 where the
21-DMA and bull channel base are located.

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