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(Z18) Upside Momentum Building *RES 4:...>

BOBL TECHS
BOBL TECHS: (Z18) Upside Momentum Building
*RES 4: 131.670 High Sep 3 
*RES 3: 131.440 High Sep 6 
*RES 2: 131.170 High Oct 2 
*RES 1: 130.850 High Oct 12 
*PREVIOUS CLOSE: 130.800 
*SUP 1: 130.260 Low Oct 5 
*SUP 2: 128.820 Low Dec 2015 (continuation chart) 
*SUP 3: 128.340 Low Sep 2015 (continuation chart) 
*SUP 4: 127.540 Low Jun 2015 (continuation chart) 
Friday's rally took out Thursday's high to keep the recovery intact and build
momentum. A potential double bottom is forming with the next upside target
coming in at the Oct 2 high of 131.170 which marks a neckline, above which the
bulls would take charge. Bears need to close below 130.260 to extend the
downtrend and target the March 9 low on the continuation chart.

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