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(M18) Above 131.310 To Reboot Bullish....>

BOBL TECHS
BOBL TECHS: (M18) Above 131.310 To Reboot Bullish Momentum
*RES 4: 131.450 High Jan 23 (Cont) 
*RES 3: 131.310 High Apr 3 
*RES 2: 131.253 100-WMA (Cont) 
*RES 1: 131.170 High Apr 5
*PREVIOUS CLOSE: 131.070
*SUP 1: 131.040 Low Apr 5
*SUP 2: 130.866 100-DMA
*SUP 3: 130.860 Hourly resistance Mar 22 now support
*SUP 4: 130.760 High Mar 19 now support
*COMMENTARY: Fresh 3mth highs lacked follow through above the 100-WMA Tuesday
with M18 looking a little offered and focus now returned to 130.755-130.866
where 21 & 100-DMAs are noted. Bears look for a close below the 21-DMA to target
130.210-510 where the 55-DMA (130.299) is located. Bulls look for a close above
131.310 to confirm a break of the 100-WMA and focus on 131.450-598.

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