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(M18) Above 130.570 To Target 100-DMA....>

BOBL TECHS
BOBL TECHS: (M18) Above 130.570 To Target 100-DMA
*RES 4: 131.114 100-DMA 
*RES 3: 130.666 Daily Bull channel top 
*RES 2: 130.570 High Mar 5 
*RES 1: 130.400 High Mar 6
*PREVIOUS CLOSE: 130.310
*SUP 1: 130.220 Hourly support Mar 8
*SUP 2: 130.012 21-DMA
*SUP 3: 129.690 Low Feb 20
*SUP 4: 129.520 Low Feb 15
*COMMENTARY: Bulls take comfort in the aggressive recovery from below the 21-DMA
that sees focus back on 130.400-570. Bulls look for a close above 130.570 to
shift focus to 130.980-131.114 where the 100-DMA is located. The Bollinger top
(130.520) is the key concern for bulls with potential to limit follow through.
Bears now look for a close below 129.84 to confirm focus on retests of 129.360
Feb lows.

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