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(Z17) Remains Capped Ahead Of Bull.......>

BOBL TECHS
BOBL TECHS: (Z17) Remains Capped Ahead Of Bull Channel Top
*RES 4: 132.07 Low May 16 now resistance 
*RES 3: 132.06 Daily Bull channel top A 
*RES 2: 131.98 2017 High Sept 8 
*RES 1: 131.87 Hourly resistance Sept 8
*PREVIOUS CLOSE: 131.77
*SUP 1: 131.74 Low Sept 11
*SUP 2: 131.67 Daily Bull channel base B
*SUP 3: 131.53 Low Sept 5
*SUP 4: 131.46 21-DMA
*COMMENTARY: Rallies remain capped around the daily bull channel top with the
Bollinger top (131.99) contributing to the recent lack of topside follow through
as bulls remain focused on 132.00-21. Initial support is noted at 131.74 with
bears needing a close below to ease bullish pressure and shift immediate focus
back to 131.42-53. Below 131.42 is needed to pressure the longer-term bull
channel base (131.19).

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