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BOBL TECHS: (Z18) Base Forming Around 131.400
*RES 4: 132.200 Double bottom target
*RES 3: 131.850 High Aug 17
*RES 2: 131.680 High Oct 26
*RES 1: 131.600 High Nov 14
*PREVIOUS CLOSE: 131.530
*SUP 1: 131.058 55-dma
*SUP 2: 130.900 Low Oct 22
*SUP 3: 130.520 Low Oct 12
*SUP 4: 130.260 Low Oct 5
Bulls have formed a solid base at the 131.400 level which keeps the positive
outlook intact and allows a challenge of the Oct 26 highs at 131.680. A break
above here would open the Aug 17 high at 131.850. Bears need to close below
131.400 to allow a push back below the 55-dma 131.058, which would re-establish
the bearish trend and target the Oct 22 low at 130.900.