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(U17) Initial Focus On June High *RES....>

BOBL TECHS
BOBL TECHS: (U17) Initial Focus On June High
*RES 4: 133.26 Monthly High June 12 
*RES 3: 133.24 Daily Bull channel top B 
*RES 2: 133.10 Daily Bull channel top A 
*RES 1: 133.09 Bollinger band top
*PREVIOUS CLOSE: 133.02
*SUP 1: 132.96 Hourly support Aug 23
*SUP 2: 132.89 High Aug 21 now support
*SUP 3: 132.75 Low Aug 22
*SUP 4: 132.65 Low Aug 18
*COMMENTARY: Bullish pressure has taken its toll with a break higher and bullish
close that sees bulls now focused on tests of 133.26 June highs. Daily studies
lingering around O/B is the concern for bulls. The 132.89 support is now key.
Bears look for a close below 132.89 to confirm an easing of bullish pressure and
shift focus back to 132.48-132.75 where a bull channel base, 21 & 100-DMAs are
located.

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