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(Z17) Capped Ahead Of Bear Channel Top...>

BOBL TECHS
BOBL TECHS: (Z17) Capped Ahead Of Bear Channel Top
*RES 4: 131.60 High Sept 14 
*RES 3: 131.50 High Oct 4 
*RES 2: 131.36 High Oct 10, Daily Bear channel top 
*RES 1: 131.25 Bollinger band top
*PREVIOUS CLOSE: 131.23
*SUP 1: 131.15 Low Oct 10
*SUP 2: 131.14 Hourly support Oct 6
*SUP 3: 131.08 Hourly resistance Oct 6 now support
*SUP 4: 131.03 Bollinger band base
*COMMENTARY: Bears take comfort in the failure ahead of the bear channel top
Tuesday as very narrowed Bollinger bands suggest a break out in the near future.
The 131.50-64 resistance region remains key. Bulls look for a close above 131.50
to hint at a shift higher in focus with above 131.64 to end bearish hopes and
shift focus back to 131.83-98. Bears now need a close below 131.14 to retain
focus on 130.90-96.

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