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

BOBL TECHS
BOBL TECHS: (U18) 131.770 Support Key This Week
*RES 4: 132.646 Bollinger band top 
*RES 3: 132.330 High July 2 
*RES 2: 132.270 High July 4 
*RES 1: 132.130 High July 10
*PREVIOUS CLOSE: 132.040
*SUP 1: 131.961 21-DMA
*SUP 2: 131.770 High June 18 now support, Low June 29
*SUP 3: 131.490 Hourly resistance June 14 now support
*SUP 4: 131.289 55-DMA
*COMMENTARY: Topside hesitation last week resulted in a dip Thursday
reconfirming the significance of the 131.770 support. Bulls now need a close
above 132.13 to gain breathing room and 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
131.190-289 where the 55-DMA is noted.

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