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(Z17) Bounces Ahead Of Key Support.......>

BOBL TECHS
BOBL TECHS: (Z17) Bounces Ahead Of Key Support
*RES 4: 131.49 High Sept 15 
*RES 3: 131.44 High Sept 27 
*RES 2: 131.32 Hourly resistance Sept 27 
*RES 1: 131.22 Alternating hourly support/resistance
*PREVIOUS CLOSE: 131.17
*SUP 1: 131.10 Hourly support Sept 28
*SUP 2: 130.92 Low Sept 28, Bollinger band base
*SUP 3: 130.90 Low Aug 16
*SUP 4: 130.68 High July 31 now support
*COMMENTARY: The break of the 55-DMA (131.059) lacked follow through Thursday
with bulls taking comfort in the bounce from ahead of the 130.90 support. Bears
still need a close below 130.90 to add weight to the case for a move back to
129.72 July lows. Layers of resistance remain with bulls needing a close above
131.32 to gain breathing room and above 131.64 to end bearish hopes and shift
focus back to 131.83.98.

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