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(H18) 130.850 Support Key Today *RES.....>

BOBL TECHS
BOBL TECHS: (H18) 130.850 Support Key Today
*RES 4: 131.450 High Jan 23 
*RES 3: 131.290 High Jan 24 
*RES 2: 131.257 55-DMA 
*RES 1: 131.120 Low Jan 24 now resistance
*PREVIOUS CLOSE: 130.970
*SUP 1: 130.850 High Feb 21 now support
*SUP 2: 130.610 Lows Feb 21 & 22
*SUP 3: 130.594 21-DMA
*SUP 4: 130.480 Low Feb 20
*COMMENTARY: The break of 131.050 lacked follow through Monday with bulls now
needing a close above 131.290 to confirm a break of the 55-DMA and shift initial
focus to 131.450-520. The Bollinger top (130.956) is the key concern and
currently limits follow through. Bears continue to look for a close below
130.850 to ease bullish pressure. Below the 21-DMA is needed to return initial
focus to 130.160 2018 lows.

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