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(H18) 121.290 Resistance Remains Key.....>

BOBL TECHS
BOBL TECHS: (H18) 121.290 Resistance Remains Key
*RES 4: 131.677 100-DMA 
*RES 3: 131.520 Low Jan 10 now resistance 
*RES 2: 131.450 High Jan 23 
*RES 1: 131.290 High Jan 24
*PREVIOUS CLOSE: 131.200
*SUP 1: 131.090 Hourly support Mar 1
*SUP 2: 130.990 Hourly resistance Feb 28 now support
*SUP 3: 130.820 Low Feb 28
*SUP 4: 130.678 21-DMA
*COMMENTARY: Bullish confidence grows with the close above the 55-DMA (131.170)
Thursday but bulls still need a close above 131.290 to gain traction and shift
initial focus to 131.450-520. The Bollinger top (131.128) and O/B studies are
now concerns for bulls. Bears now look for a close below 130.990 to gain
breathing room and below 130.82 to shift initial focus back to 130.610-678.

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