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(U18) Above 132.330 To Reconfirm.........>

BOBL TECHS
BOBL TECHS: (U18) Above 132.330 To Reconfirm Bullish Bias
*RES 4: 132.970 Monthly High May 29 
*RES 3: 132.660 High May 30 
*RES 2: 132.636 Bollinger band top 
*RES 1: 132.330 High July 2
*PREVIOUS CLOSE: 132.200
*SUP 1: 132.090 Low July 3
*SUP 2: 131.770 High June 18 now support, Low June 29
*SUP 3: 131.763 21-DMA
*SUP 4: 131.490 Hourly resistance June 14 now support
*COMMENTARY: Topside hesitation resulted in a sharp dip Friday only to confirm
the significance of the 131.763-770 support region with an aggressive bounce.
Bulls now 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 now
look for a close below 132.090 to gain breathing room and below the 21-DMA to
target 130.780-131.190.

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