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(U17) Below 133.16 To Ease Bullish.......>

BOBL TECHS
BOBL TECHS: (U17) Below 133.16 To Ease Bullish Pressure
*RES 4: 133.52 Monthly High Apr 13 
*RES 3: 133.46 Daily Bull channel top B 
*RES 2: 133.36 High Aug 29 
*RES 1: 133.26 Bollinger band top
*PREVIOUS CLOSE: 133.25
*SUP 1: 133.16 High Aug 28 now support
*SUP 2: 132.94 Low Aug 28
*SUP 3: 132.91 Daily Bull channel base B
*SUP 4: 132.84 Low Aug 25
*COMMENTARY: Bulls continue to dominate and are now targeting tests of 133.46-52
where the bull channel top and Apr high are situated. The lack of topside follow
through is a concern when combined with the proximity of the Bollinger top and
O/B daily studies. Initial support is noted at 133.16 with bears needing a close
below to ease bullish pressure and shift focus back to 132.84-94 where the Bull
channel base is located.

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