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(M18) 130.510 Support Remains Key *RES...>

BOBL TECHS
BOBL TECHS: (M18) 130.510 Support Remains Key
*RES 4: 131.310 High Apr 3, Bollinger band top 
*RES 3: 131.250 High May 3 
*RES 2: 131.040 Low May 11 now resistance 
*RES 1: 131.010 High May 17
*PREVIOUS CLOSE: 130.770
*SUP 1: 130.640 Low May 15
*SUP 2: 130.577 100-DMA
*SUP 3: 130.557 Bollinger band base
*SUP 4: 130.550 Low Apr 25
*COMMENTARY: The sell-off from 131.250 is now finding support ahead of the
100-DMA with bears currently focused on 130.510. Bears need a close below
130.510 to confirm a break of the 100-DMA and to shift initial focus to 129.84
Mar lows. Daily studies are well placed for a fresh leg lower. Bulls now need a
close above 131.040 to gain breathing room and shift immediate focus back to
131.250-310.

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