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(M18) 130.400-570 Resistance Region......>

BOBL TECHS
BOBL TECHS: (M18) 130.400-570 Resistance Region Key
*RES 4: 131.094 100-DMA 
*RES 3: 130.690 Daily Bull channel top 
*RES 2: 130.570 High Mar 5 
*RES 1: 130.400 High Mar 6
*PREVIOUS CLOSE: 130.280
*SUP 1: 130.210 Low Mar 9
*SUP 2: 130.016 Alternating hourly support/resistance
*SUP 3: 129.893 Daily Bull channel base of Feb low
*SUP 4: 129.840 Low Mar 8
*COMMENTARY: Bulls take comfort in the aggressive recovery from below the 21-DMA
(130.044) that shifted focus 130.400-570. Bulls look for a close above 130.570
to shift focus to 130.980-131.094 where the 100-DMA is located. Hesitation ahead
of 130.400 is less than ideal. Bears now look for a close below 130.210 to ease
bullish pressure and below 129.840 to confirm focus on 129.360 Feb lows.

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