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(H18) Breaks Slightly Below..............>

BOBL TECHS
BOBL TECHS: (H18) Breaks Slightly Below 130.41-130.39 Support Zone
*RES 4: 131.05 Jan 18 low, now resistance
*RES 3: 130.92 Jan 12 low, now resistance
*RES 2: 130.75/76 Jan 25 low, hourly high Jan 26
*RES 1: 130.60/65 Hourly resistance
*PRICE: 130.47 @1650GMT
*SUP 1: 130.41 0.5% volatility band
*SUP 2: 130.34 Intraday low
*SUP 3: 129.74 1% volatility band
*SUP 4: 129.70 1.618x 132.74-131.43 from 131.82
*COMMENTARY* Has again opened lower today, a 130.34 low posted before finding
some support, aided by heavily oversold hourly conditions. The slightly higher
130.41-130.39 area is seen as a potentially decent support band and a bounce
from around here would not be unexpected. In this respect, 130.60-130.76 is
initial resistance back above the latter would give some momentum to a recovery.
Sustained break below 130.34 and not much until 129.74-129.70.

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