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

BOBL TECHS
BOBL TECHS: (U17) Key Resistance Capping
*RES 4: 133.02 Bollinger band top 
*RES 3: 132.95 High June 21
*RES 2: 132.91 Falling daily TL 
*RES 1: 132.89 High Aug 21
*PREVIOUS CLOSE: 132.85
*SUP 1: 132.75 Low Aug 22
*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 132.89-95 with bulls
needing a close above to reconfirm a bullish bias and initially target June
highs (133.26). O/B daily studies and the Bollinger top are key concerns for
bulls. The 132.75 support is now key with bears needing a close below to gain
breathing room and hint at a correction back to 132.17-48 where key DMAs and the
bull channel base (132.21) are clustered.

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