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(U18) 131.770 Support Key This Week......>

BOBL TECHS
BOBL TECHS: (U18) 131.770 Support Key This Week
*RES 4: 132.683 Bollinger band top 
*RES 3: 132.660 High May 30 
*RES 2: 132.330 High July 2 
*RES 1: 132.270 High July 4
*PREVIOUS CLOSE: 132.180
*SUP 1: 132.070 Low July 6
*SUP 2: 131.880 21-DMA
*SUP 3: 131.770 High June 18 now support, Low June 29
*SUP 4: 131.490 Hourly resistance June 14 now support
*COMMENTARY: Topside hesitation last week resulted in a dip Thursday
reconfirming the significance of the 131.770-880 support region. Bulls still
need a close above 132.330 to confirm focus on 132.660-970. Correcting O/B
studies look to be weighing and are the key concern for bulls. Bears continue to
look for a close below 131.770 to initially target 131.190-217 where the 55-DMA
(131.217) is noted.

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