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(M18) Above 130.570 Targets..............>

BOBL TECHS
BOBL TECHS: (M18) Above 130.570 Targets 130.980-131.060
*RES 4: 131.007 100-DMA 
*RES 3: 130.739 Daily Bull channel top 
*RES 2: 130.590 Bollinger band top 
*RES 1: 130.570 High Mar 5
*PREVIOUS CLOSE: 130.510
*SUP 1: 130.380 Low Mar 13
*SUP 2: 130.210 Low Mar 9
*SUP 3: 130.016 Alternating hourly support/resistance
*SUP 4: 129.942 Daily Bull channel base of Feb low
*COMMENTARY: Bulls take comfort in the aggressive recovery from below the 21-DMA
(130.114) that sees focus on 130.570. Bulls continue to look for a close above
130.570 to shift focus to 130.980-131.060 where the 100-DMA is located. Bears
still need a close below 130.210 to ease bullish pressure and below 129.840 to
confirm a break of the bull channel base and focus on 129.360 Feb lows.

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