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(Z17) Immediate Focus On 100-DMA *RES....>

BOBL TECHS
BOBL TECHS: (Z17) Immediate Focus On 100-DMA
*RES 4: 131.60 High Sept 14 
*RES 3: 131.52 21-DMA 
*RES 2: 131.49 High Sept 15 
*RES 1: 131.32 Low Sept 14 now resistance
*PREVIOUS CLOSE: 131.13
*SUP 1: 131.11 Bollinger band base
*SUP 2: 131.08 Low Sept 18
*SUP 3: 131.07 100-DMA
*SUP 4: 130.90 Low Aug 16
*COMMENTARY: Having remained heavy last week bears took comfort in Friday's
close below the bull channel base which sees immediate focus on the 100-DMA and
overall focus on the 55-DMA (130.88). Bears need a close below the 55-DMA to end
bullish hopes and shift overall focus back to tests of 2017 lows. The Bollinger
base is the key concern for bears. Bulls need a close above 131.32 to gain
breathing room and above 131.64 to return focus to 131.87-98.

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