(Z18) Trend Of Higher Lows Intact *RES...>

BOBL TECHS: (Z18) Trend Of Higher Lows Intact

*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: 131.700 

*SUP 1: 131.064 55-dma 

*SUP 2: 130.900 Low Oct 22 

*SUP 3: 130.520 Low Oct 12 

*SUP 4: 130.260 Low Oct 5 

The Aug 17 highs at 131.850 remain the next upside target as the trend of higher

lows remains intact. A break above 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 131.064. Below here would re-establish the bearish trend and target

the Oct 22 low at 130.900.