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(U17) Close Below 132.73 To Ease.........>

BOBL TECHS
BOBL TECHS: (U17) Close Below 132.73 To Ease Bullish Pressure
*RES 4: 133.26 Monthly High June 12 
*RES 3: 133.21 Weekly Bollinger band top 
*RES 2: 132.95 High June 21, Falling daily TL 
*RES 1: 132.87 High Aug 11
*PREVIOUS CLOSE: 132.84
*SUP 1: 132.73 Hourly support Aug 11
*SUP 2: 132.66 Low Aug 11
*SUP 3: 132.60 Hourly support Aug 10
*SUP 4: 132.50 Hourly support Aug 9
*COMMENTARY: Bullish confidence received a boost following Wednesday's rally and
close above 132.48 that sees bulls focused on 132.87-95. O/B daily studies and
the Bollinger top (132.84) remain concerns for bulls. Initial support is noted
at 132.73 with bears needing a close below to gain breathing room. Overall bears
need a close below the 55-DMA (132.35) to shift focus back to 132.01-23.

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