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(Z17) Below 21-DMA To Ease Bullish.......>

BOBL TECHS
BOBL TECHS: (Z17) Below 21-DMA To Ease Bullish Pressure
*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: 131.810 Hourly resistance Nov 20
*PREVIOUS CLOSE: 131.740
*SUP 1: 131.702 21-DMA
*SUP 2: 131.580 Low Nov 14
*SUP 3: 131.505 55-DMA
*SUP 4: 131.470 High Oct 23 now support
*COMMENTARY: The rejection ahead of last week's high has left the contract
looking a little heavy. The 21-DMA remains initial support with bears needing a
close below to ease bullish pressure. A close below the 55-DMA remains needed to
shift focus back to 131.090-290 where the 100-DMA (131.156) is located. 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 132.119.

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