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

BOBL TECHS
BOBL TECHS: (Z17) Looking A Little Heavy
*RES 4: 131.36 High Oct 10 
*RES 3: 131.34 Daily Bear channel top 
*RES 2: 131.27 High Oct 11 
*RES 1: 131.24 Bollinger band top
*PREVIOUS CLOSE: 131.18
*SUP 1: 131.13 Low Oct 11
*SUP 2: 131.08 Hourly resistance Oct 6 now support
*SUP 3: 131.04 Bollinger band base
*SUP 4: 130.96 Low Oct 6
*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 131.34-64 region is now key resistance. Bulls need a close above 131.360 to
confirm a break of the bear channel top and above 131.64 to end bearish hopes
and target 131.83.98. Bears now look for a close below 131.13 to reconfirm focus
on 130.90-96.

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