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(Z17) Bulls Need Close Above 21-DMA......>

BOBL TECHS
BOBL TECHS: (Z17) Bulls Need Close Above 21-DMA
*RES 4: 131.920 Hourly support Nov 7 now resistance 
*RES 3: 131.880 Hourly resistance Nov 9, High Nov 15 
*RES 2: 131.850 High Nov 21 
*RES 1: 131.770 21-DMA
*PREVIOUS CLOSE: 131.760
*SUP 1: 131.700 Hourly support Nov 27
*SUP 2: 131.520 Low Nov 22
*SUP 3: 131.497 55-DMA
*SUP 4: 131.470 High Oct 23 now support
*COMMENTARY: Dips back towards the 55-DMA have lacked follow through resulting
in pressure returning to the 21-DMA. Bulls need a close above the 21-DMA to
return focus to 131.850-880 and above 131.880 to reconfirm immediate focus on
retests of 132.060. Bears still need a close below 131.470 to confirm a break of
the 55-DMA and shift initial focus to 131.090-290 where the 100-DMA (131.241) is
noted.

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