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(U18) 131.770 Support Reconfirms.........>

BOBL TECHS
BOBL TECHS: (U18) 131.770 Support Reconfirms Significance
*RES 4: 132.330 High July 2 
*RES 3: 132.290 High July 20 
*RES 2: 132.120 21-DMA 
*RES 1: 132.040 High July 23
*PREVIOUS CLOSE: 131.920
*SUP 1: 131.770 High June 18 now support, Low June 29
*SUP 2: 131.602 55-DMA
*SUP 3: 131.500 Low June 15
*SUP 4: 131.191 High June 13 now support
*COMMENTARY: The 131.770 support reconfirmed significance with a bounce from
this level Wednesday. Bears continue to look for a close below 131.770 to break
the recent 131.770-132.330 range and shift immediate focus to 131.500-602 where
the 55-DMA is noted. Bulls still need a close above 132.050 to gain breathing
room and above 132.330 to target 132.660-970.

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