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(Z17) 131.29-47 Support Region Now Key...>

BOBL TECHS
BOBL TECHS: (Z17) 131.29-47 Support Region Now Key
*RES 4: 131.83 High Sept 11 
*RES 3: 131.76 High Oct 17 
*RES 2: 131.69 Daily Bear channel top 
*RES 1: 131.63 Hourly support Oct 18 now resistance
*PREVIOUS CLOSE: 131.49
*SUP 1: 131.47 High Oct 23 now support
*SUP 2: 131.29 Hourly resistance Oct 24 now support
*SUP 3: 131.13 Low Oct 26
*SUP 4: 131.09 Low Oct 24
*COMMENTARY: Bulls gained the upper hand with an aggressive rally that eased
bearish pressure and now sees focus shift to 131.63-83 where the bear channel
top and Bollinger top (131.67) are located. Daily studies are now well placed
for gains with the Bollinger top the key concern for bulls. Bears now need a
close below 131.47 to gain breathing room and below 131.29 to confirm breaks of
21 (131.34) & 55 (131.37) DMAs and return focus to 130.90-131.09.

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