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(Z17) Bears Focused On 130.90-131.02.....>

BOBL TECHS
BOBL TECHS: (Z17) Bears Focused On 130.90-131.02
*RES 4: 131.47 High Oct 23 
*RES 3: 131.38 Hourly support Oct 23 now resistance 
*RES 2: 131.36 55-DMA 
*RES 1: 131.29 Hourly resistance Oct 24
*PREVIOUS CLOSE: 131.18
*SUP 1: 131.09 Low Oct 24
*SUP 2: 131.02 100-DMA
*SUP 3: 131.01 Bollinger band base
*SUP 4: 130.90 Low Aug 16
*COMMENTARY: Closes below 21 (131.34) & 55 (131.36) DMAs Tuesday added weight to
the bearish case with focus on 130.90-131.02 where the 100-DMA and Sept lows are
found. Bears need a close below 130.90 to pressure the bear channel base
(130.75). Bulls now need a close above the 55-DMA to ease bearish pressure and
above 131.47 to return focus to 131.63-83 where the daily bear channel top
(131.70) off Sept highs and Bollinger top are noted.

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