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(Z17) 131.42 Support Key *RES 4:.........>

BOBL TECHS
BOBL TECHS: (Z17) 131.42 Support Key
*RES 4: 131.92 Daily Bull channel top 
*RES 3: 131.79 Bollinger band top 
*RES 2: 131.76 Monthly High Aug 29 
*RES 1: 131.66 High Aug 30
*PREVIOUS CLOSE: 131.60
*SUP 1: 131.54 Low Sept 4
*SUP 2: 131.42 Low Sept 1
*SUP 3: 131.27 Low Aug 25, 21-DMA
*SUP 4: 131.09 100-DMA
*COMMENTARY: The dip Friday found support just below the daily bull channel base
(131.552) with bulls taking comfort as support layers build. The Bollinger top
and O/B studies remain the key concerns for bulls who need a close above 131.76
to reconfirm the bullish bias targeting the longer term bull channel top. Bears
now look for a close below 131.42 to confirm an easing of bullish pressure and
shift initial focus to 131.04-27.

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