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(Z17) 131.06 Support Becomes Pivotal.....>

BOBL TECHS
BOBL TECHS: (Z17) 131.06 Support Becomes Pivotal To Direction
*RES 4: 131.58/60 61.8% Fibo of 131.98-130.92, Sep 14 high
*RES 3: 131.50 Oct 4 high
*RES 2: 131.34 Oct 5 high
*RES 1: 131.20/24 Hourly resistance
*PRICE: 131.10 @1124GMT
*SUP 1: 131.06 Oct 2 low
*SUP 2: 130.92 Sep 28 low
*SUP 3: 130.85 50% Fibo of 129.72-131.98
*SUP 4: 130.58 61.8% Fibo of 129.72-131.98, 0.5% vol band
*COMMENTARY* Broke above the previously troublesome 131.31 resistance. A high of
131.50 on Wednesday before some near term overbought conditions have induced a
pullback. This has broken below 131.22-131.16 support, so now looking to the Oct
2 low at 131.06 for next clues. Loss would disappoint and suggest the recovery
was over for the time being, with 130.92-130.85 next. Resistance 131.20-24 but
back above 131.34 needed for impetus.

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