(Z17) Looking A Little Heavy *RES 4:.....>

BOBL TECHS: (Z17) Looking A Little Heavy

*RES 4: 131.50 High Oct 4 

*RES 3: 131.44 Hourly support Oct 4a now resistance 

*RES 2: 131.39 Hourly support Oct 4 now resistance 

*RES 1: 131.34 21-DMA

*PREVIOUS CLOSE: 131.24

*SUP 1: 131.17 55-DMA

*SUP 2: 131.06 Low Oct 2

*SUP 3: 130.92 Low Sept 28

*SUP 4: 130.90 Low Aug 16

*COMMENTARY: The recovery from last week's low provided the catalyst for a rally

that lacked topside follow through Wednesday and leaves the contract looking a

little heavy. The 131.50-64 resistance region is key. Bulls need a close above

131.64 to end bearish hopes and shift focus back to 131.83-98. The 131.06

support remains key with bears needing a close below to confirm a break of the

100-DMA (131.07) and below 130.90 to target 130.53-68.