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(U17) Bulls Need Close Above 133.05......>

BOBL TECHS
BOBL TECHS: (U17) Bulls Need Close Above 133.05
*RES 4: 133.38 Daily Bull channel top B 
*RES 3: 133.26 Monthly High June 12 
*RES 2: 133.17 Daily Bull channel top A 
*RES 1: 133.05 High Aug 24
*PREVIOUS CLOSE: 132.99
*SUP 1: 132.86 Daily Bull channel base A
*SUP 2: 132.84 Low Aug 25
*SUP 3: 132.75 Low Aug 22
*SUP 4: 132.65 Low Aug 18
*COMMENTARY: Bullish pressure took its toll with a break higher Wednesday that
shifted bullish focus to tests of 133.26 June highs. Daily studies lingering
around O/B remains the concern for bulls. The 132.75 support is key this week
with bears needing a close below to confirm a break of a channel base and shift
focus back to DMAs 132.31-60. Bulls still need a close above 133.05 to reconfirm
the bullish bias.

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