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(Z17) 55-DMA Support Remains Key *RES....>

BOBL TECHS
BOBL TECHS: (Z17) 55-DMA Support Remains Key
*RES 4: 132.060 High Nov 8 
*RES 3: 132.010 Hourly support Nov 8 now resistance 
*RES 2: 131.920 Hourly support Nov 7 now resistance 
*RES 1: 131.880 Hourly resistance Nov 9, High Nov 15
*PREVIOUS CLOSE: 131.770
*SUP 1: 131.680 21-DMA
*SUP 2: 131.580 Low Nov 14
*SUP 3: 131.502 55-DMA
*SUP 4: 131.470 High Oct 23 now support
*COMMENTARY: The correction lower from 132.060 3mth highs is flirting with the
21-DMA having failed to gain traction below and the 55-DMA noted just below.
Bulls continue to look for a close above 132.880 to reconfirm immediate focus on
retests of 132.060 with the Bollinger band top noted at 132.126. The 55-DMA
remains key support. Bears need a close below the 55-DMA to confirm a shift in
focus back to 131.090-290.

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