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(H18) Below 130.320 Targets..............>

BOBL TECHS
BOBL TECHS: (H18) Below 130.320 Targets 128.820-129.460
*RES 4: 131.050 Low Jan 18 now resistance 
*RES 3: 130.950 High Jan 26 
*RES 2: 130.770 Hourly resistance Jan 26 
*RES 1: 130.630 Low Jan 26 now resistance
*PREVIOUS CLOSE: 130.420
*SUP 1: 130.340 2018 Low Jan 29 & Jan 31
*SUP 2: 130.320 Monthly High Dec 3 2015 now support
*SUP 3: 129.460 High Dec 7 2015 now support
*SUP 4: 128.820 Monthly Low Dec 4 2015
*COMMENTARY: Fresh 2018 & 2+yr lows continued Friday with the Bollinger base
(130.377) the key concern given potential to limit follow through. In saying
that, immediate focus is on the break of 130.320 needed to shift focus to
128.82-129.46 last seen in Dec 2015. Initial resistance remains at 130.630 with
bulls needing a close above to ease bearish pressure and above the 21-DMA
(131.175) to target a correction back to 131.450-520.

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