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(M18) 21-DMA Supporting *RES 4:..........>

BOBL TECHS
BOBL TECHS: (M18) 21-DMA Supporting
*RES 4: 131.450 High Jan 23 (Cont) 
*RES 3: 131.446 Bollinger band top 
*RES 2: 131.310 High Apr 3 
*RES 1: 131.223 100-WMA (Cont)
*PREVIOUS CLOSE: 131.100
*SUP 1: 130.920 21-DMA
*SUP 2: 130.823 100-DMA
*SUP 3: 130.807 55-WMA
*SUP 4: 130.760 High Mar 19 now support
*COMMENTARY: Fresh 3mth highs lacked follow through above the 100-WMA last
Tuesday with the topside failures that followed resulting in a break lower and
bears now focused on 130.760. The bounce from the 21-DMA is less than ideal and
buys bulls breathing room but a close above 131.310 is needed to kick start
bullish momentum and initially target 131.450.

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