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(H18) Above 131.05 To Initially Target...>

BOBL TECHS
BOBL TECHS: (H18) Above 131.05 To Initially Target 131.286-520
*RES 4: 131.520 Low Jan 10 now resistance 
*RES 3: 131.450 High Jan 23 
*RES 2: 131.286 55-DMA 
*RES 1: 131.050 Low Jan 18 now resistance
*PREVIOUS CLOSE: 131.040
*SUP 1: 130.850 High Feb 21 now support
*SUP 2: 130.610 Lows Feb 21 & 22
*SUP 3: 130.577 21-DMA
*SUP 4: 130.480 Low Feb 20
*COMMENTARY: Support emerging on dips provided the impetus for a rally and
bullish close Friday that leaves the contract pressuring 131.050. Bulls need a
close above to shift initial focus to 131.286-520 where the 55-DMA is located.
Initial support is now noted at 130.850 with bears needing a close below to ease
bullish pressure. Below the 21-DMA is needed to return initial focus to 130.160
2018 lows.

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