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(H18) 131.340 Resistance Confirms........>

BOBL TECHS
BOBL TECHS: (H18) 131.340 Resistance Confirms Significance
*RES 4: 131.720 High Jan 11 
*RES 3: 131.520 Low Jan 10 now resistance 
*RES 2: 131.496 21-DMA 
*RES 1: 131.340 Hourly resistance Jan 11, High Jan 19
*PREVIOUS CLOSE: 131.270
*SUP 1: 131.220 Hourly resistance Jan 19 now support
*SUP 2: 131.050 Low Jan 18
*SUP 3: 130.983 Bollinger band base
*SUP 4: 130.920 2017 Low Sept 28, 2018 Low Jan 12
*COMMENTARY: The dip to 130.92 in past weeks has so far lacked follow through
with the contract pressuring 131.340 last week. Bulls continue to look for a
close above 131.340 to ease bearish pressure and above 131.520 to pressure
131.720-880. While 131.340 caps bears remain focused on the close below 2017/18
lows needed to confirm focus on 130.390-580.

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