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(Z18) Bulls Have Cause For Cheer *RES....>

BOBL TECHS
BOBL TECHS: (Z18) Bulls Have Cause For Cheer
*RES 4: 133.410 High May 29 (Continuation chart) 
*RES 3: 132.610 High Aug 17 (Continuation chart) 
*RES 2: 132.430 High Aug 22 (Continuation chart) 
*RES 1: 131.670 High Sep 3 
*PREVIOUS CLOSE: 131.400 
*SUP 1: 131.200 Low Sep 6 
*SUP 2: 131.660 Low Aug 3 (Continuation chart) 
*SUP 3: 131.360 Low Aug 1 (Continuation chart) 
*SUP 4: 130.780 Low Jun 14 (Continuation chart) 
Yesterday's recovery has given bulls something to cheer about as the uptrend
from the June lows has held keeping the broader bullish trend intact. That said,
a recovery above the Sep 3 high of 131.670 is needed to extend the rally and the
target the mid-August highs (U contract). Bears need a break below yesterday's
low of 131.200 to shift the focus back to the downside.  

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