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(U17) Above 132.14 Targets 55 &..........>

BOBL TECHS
BOBL TECHS: (U17) Above 132.14 Targets 55 & 100-DMAs
*RES 4: 132.40 100-DMA 
*RES 3: 132.35 55-DMA 
*RES 2: 132.22 Daily Bull channel top 
*RES 1: 132.14 High July 24
*PREVIOUS CLOSE: 132.09
*SUP 1: 132.01 Hourly resistance July 26 now support
*SUP 2: 131.82 Low July 26
*SUP 3: 131.74 Hourly support July 20, 21-DMA
*SUP 4: 131.64 Hourly support July 18
*COMMENTARY: Support emerging ahead of the 21-DMA sees pressure back on the
132.14 resistance. The 132.14 resistance remains key with bulls needing a close
above to reconfirm a bullish bias and initially target 132.35-48 where 55 &
100-DMAs are located. The Bollinger top (132.12) is the key concern for bulls
with potential to limit follow through. Bears need a close below 132.01 to shift
focus back to 131.64-82.

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