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(U17) Bears Need Close Below 132.46......>

BOBL TECHS
BOBL TECHS: (U17) Bears Need Close Below 132.46
*RES 4: 132.97 Falling daily TL 
*RES 3: 132.95 High June 21 
*RES 2: 132.85 High June 26 
*RES 1: 132.66 High Aug 9
*PREVIOUS CLOSE: 132.55
*SUP 1: 132.50 Hourly support Aug 9
*SUP 2: 132.46 High Aug 8 now support
*SUP 3: 132.40 Low Aug 9
*SUP 4: 132.30 Hourly support Aug 7
*COMMENTARY: Bullish confidence received a boost following Wednesday's rally and
close above 132.48 that sees bulls focused on 132.85-98. O/B daily studies and
the Bollinger top (132.65) remain concerns for bulls. Layers of support remain
with bears needing a close below 132.46 to ease bullish pressure and below
132.40 to shift focus back to 132.09-23. Below 132.09 is needed to initially
target 131.82-132.03 where the bull channel base and 21-DMA are noted.

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