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(Z17) Watching Narrowing Bollinger.......>

BOBL TECHS
BOBL TECHS: (Z17) Watching Narrowing Bollinger Bands
*RES 4: 131.920 Hourly support Nov 7 now resistance 
*RES 3: 131.880 Hourly resistance Nov 9, High Nov 15 
*RES 2: 131.850 High Nov 21 
*RES 1: 131.730 Low Nov 22 now resistance
*PREVIOUS CLOSE: 131.650
*SUP 1: 131.620 Low Nov 23
*SUP 2: 131.536 Bollinger band base
*SUP 3: 131.502 55-DMA
*SUP 4: 131.470 High Oct 23 now support
*COMMENTARY: The rejection ahead of last week's high resulted in a dip back to
the 55-DMA Wednesday. Bulls need a close above 131.730 to return focus to
131.850-880 and above 132.880 to reconfirm immediate focus on retests of
132.060. Bears continue to look for a close below 131.470 to confirm a break of
the 55-DMA and shift initial focus to 131.090-290 where the 100-DMA (131.205) is
noted.

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