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(Z17) Bulls Need Close Above 131.45......>

BOBL TECHS
BOBL TECHS: (Z17) Bulls Need Close Above 131.45
*RES 4: 131.76 High Oct 17 
*RES 3: 131.63 Hourly support Oct 18 now resistance 
*RES 2: 131.45 Hourly resistance Oct 20 
*RES 1: 131.37 Alternating hourly support/resistance
*PREVIOUS CLOSE: 131.34
*SUP 1: 131.13 Low Oct 11
*SUP 2: 131.05 100-DMA
*SUP 3: 130.96 Low Oct 6
*SUP 4: 130.90 Low Aug 16
*COMMENTARY: Bears were not disappointed with the correction last week resulting
in a dip below 21 (131.333) & 55 (131.339) DMAs Friday and bears now focused on
130.90-131.13 with the 100-DMA at 131.05. Resistance layers building and daily
studies correcting from O/B add to bearish confidence. Bulls now need a close
above 131.45 to ease bearish pressure and above 131.76 to reconfirm the bullish
bias and target 2017 highs.

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