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(Z17) Correcting Back to 21 & 55-DMAs....>

BOBL TECHS
BOBL TECHS: (Z17) Correcting Back to 21 & 55-DMAs
*RES 4: 131.98 Monthly High Sept 8 
*RES 3: 131.83 High Sept 11 
*RES 2: 131.76 High Oct 17 
*RES 1: 131.63 Hourly support Oct 18 now resistance
*PREVIOUS CLOSE: 131.49
*SUP 1: 131.44 Hourly support Oct 13
*SUP 2: 131.37 Hourly resistance Oct 13 now support
*SUP 3: 131.32 55-DMA
*SUP 4: 131.25 Hourly support Oct 12
*COMMENTARY: The lack of topside follow through Tuesday resulted in a sell-off
that eased immediate bullish pressure and hints at a correction initially
targeting 21 & 55-DMAs. Below the 55-DMA shifts immediate focus to 130.90-131.13
with the 100-DMA at 131.06. Bulls now need a close above 131.63 to gain
breathing room and above 131.83 to confirm immediate focus on 131.98 Sept highs
and the 132.065-112 region where 55 & 100-WMAs are noted.

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