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

BOBL TECHS
BOBL TECHS: (Z17) Bulls Still Need Close Above 131.880
*RES 4: 132.010 Hourly support Nov 8 now resistance 
*RES 3: 131.096 Bollinger band top 
*RES 2: 131.920 Hourly support Nov 7 now resistance 
*RES 1: 131.880 Hourly resistance Nov 9, High Nov 15
*PREVIOUS CLOSE: 131.770
*SUP 1: 131.743 21-DMA
*SUP 2: 131.680 Hourly resistance Dec 1 now support
*SUP 3: 131.580 Alternating hourly support/resistance
*SUP 4: 131.350 Low Nov 30
*COMMENTARY: The lack of downside follow through with the pair finding support
ahead of the key 131.290350 region where the daily bull channel base and 100-DMA
are located resulted in an aggressive rally Friday that sees pressure back on
131.880. Above 131.880 is needed to reconfirm a bullish bias initially targeting
132.060. The 131.580 support is now key with bears needing a close below to
return focus to 131.290-350.

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