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(U18) Bears Now Need Close Below.........>

BOBL TECHS
BOBL TECHS: (U18) Bears Now Need Close Below 131.770
*RES 4: 132.660 High May 30 
*RES 3: 132.330 High July 2 
*RES 2: 132.290 High July 20 
*RES 1: 132.273 Bollinger band top
*PREVIOUS CLOSE: 132.02
*SUP 1: 131.990 Low July 20
*SUP 2: 131.890 Low July 5
*SUP 3: 131.770 High June 18 now support, Low June 29
*SUP 4: 131.552 55-DMA
*COMMENTARY: The hesitation ahead of 133.330 continues with narrowing Bollinger
bands hinting at a breakout in coming sessions. The topside failure Friday
resulted in a marginal break of 132.000 and hints at a test of 131.770 to start
the week. Bears continue to look for a close below 131.490 to confirm a break of
the 55-DMA and shift overall focus back to 129.98 Apr lows. Bulls need a close
above 132.330 to shift focus to 132.66-97.

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