(Z18) August Highs In Focus *RES 4:.....>

BOBL TECHS: (Z18) August Highs In Focus 

*RES 4: 133.410 High May 29 

*RES 3: 132.610 High Aug 17 (continuation chart) 

*RES 2: 132.200 Double bottom target 

*RES 1: 131.850 High Aug 17 

*PREVIOUS CLOSE: 131.720 

*SUP 1: 131.063 55-dma 

*SUP 2: 130.900 Low Oct 22 

*SUP 3: 130.520 Low Oct 12 

*SUP 4: 130.260 Low Oct 5 

Bulls remain focused on the Aug 17 highs at 131.850, a break above which would

bring the double bottom target area of 132.200 into focus ahead of a return to

the May 29 spike high on the continuation chart. Bears need to close below

131.500 to allow a push back below the 55-dma 131.063. A break below here would

re-establish the bearish trend and target the Oct 22 low at 130.900.