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(U17) Key Resistance Capping *RES 4:.....>

BOBL TECHS
BOBL TECHS: (U17) Key Resistance Capping
*RES 4: 133.01 Bollinger band top 
*RES 3: 132.95 High June 21 
*RES 2: 132.92 Falling daily TL 
*RES 1: 132.89 High Aug 21
*PREVIOUS CLOSE: 132.85
*SUP 1: 132.76 Hourly support Aug 21
*SUP 2: 132.65 Low Aug 18
*SUP 3: 132.58 Low Aug 17
*SUP 4: 132.48 100-DMA
*COMMENTARY: Pressure remains on layers of resistance 132.92-95 with bulls
needing a close above to confirm initial focus on 133.26 June highs. Daily
studies looking to correct from O/B and the Bollinger top are key concerns for
bulls. In saying that, higher daily highs and lows see support layers building
and bears needing a close below 132.76 to gain breathing room and hint at a
correction back to 132.17-48 where key DMAs are clustered.

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