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(U18) Below 131.980 To Gain Breathing....>

BOBL TECHS
BOBL TECHS: (U18) Below 131.980 To Gain Breathing Room
*RES 4: 132.970 Monthly High May 29 
*RES 3: 132.660 High May 30 
*RES 2: 132.495 Bollinger band top 
*RES 1: 132.290 High June 27
*PREVIOUS CLOSE: 132.210
*SUP 1: 132.010 Low June 26
*SUP 2: 131.980 Hourly support June 21
*SUP 3: 131.770 High June 18 now support
*SUP 4: 131.690 21-DMA
*COMMENTARY: Gains resumed Thursday with the close above 132.120 confirming
focus on a move back to 132.660-970. The Bollinger top is the key concern for
bulls with potential to limit follow through. Bears look for a close below
131.980 to gain breathing room and below the 21-DMA to hint at a move back to
130.780-131.190 with below 131.490 to confirm. Bulls need a close above 132.290
to add support to their case.

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