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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: 132.190 High July 9
*PREVIOUS CLOSE: 132.120
*SUP 1: 132.000 Low July 10
*SUP 2: 131.890 Low July 5
*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 last week
reconfirming the significance of the 131.770 support. Correcting O/B studies
have weighed the past week but studies are now at neutral levels. Bears now look
for a close below 132.000 to confirm a break of the 21-DMA (132.055), easing
bullish pressure and below 131.770 to initially target 131.190-364 where the
55-DMA is noted.

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