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(U18) Above 21-DMA To Shift Focus........>

BOBL TECHS
BOBL TECHS: (U18) Above 21-DMA To Shift Focus Higher
*RES 4: 132.111 21-DMA 
*RES 3: 132.040 High July 23 
*RES 2: 132.000 High July 25 
*RES 1: 131.880 Hourly support July 25 now resistance
*PREVIOUS CLOSE: 131.790
*SUP 1: 131.740 Low July 25
*SUP 2: 131.627 55-DMA
*SUP 3: 131.500 Low June 15
*SUP 4: 131.191 High June 13 now support
*COMMENTARY: The contract remains heavy having broken 131.770 although follow
through has been lacking. Bears now focus on the break of 131.500 needed to
confirm traction below the 55-DMA and initially target 131.191. Initial
resistance is now noted at 131.880. Bulls need a close above this level to gain
breathing room and above the 21-DMA to shift focus back to 132.290-330. Above
132.330 remains needed to shift focus to 132.660-970.

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