(Z17) Bulls Need Close Above 131.32......>

BOBL TECHS: (Z17) Bulls Need Close Above 131.32

*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: 131.16

*SUP 1: 131.10 Hourly support Sept 28

*SUP 2: 130.92 Low Sept 28

*SUP 3: 130.90 Low Aug 16

*SUP 4: 130.68 High July 31 now support

*COMMENTARY: Bears take comfort in the lack of follow through Friday and failure

ahead of 131.32. Bulls continue to look for 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. The Bollinger base (130.90) remains the key concern for bears and

supported last week. Bears need a close below 131.10 to reconfirm pressure on

130.90 and below 130.90 to target 130.53-68.