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(M18) Below 130.210 Targets Feb Low......>

BOBL TECHS
BOBL TECHS: (M18) Below 130.210 Targets Feb Low
*RES 4: 131.056 21-DMA 
*RES 3: 130.980 Hourly support Apr 19 now resistance 
*RES 2: 130.900 Low Apr 10 now resistance 
*RES 1: 130.700 Hourly support Apr 20 now resistance
*PREVIOUS CLOSE: 130.660
*SUP 1: 130.598 Daily Bull channel base off Feb Low
*SUP 2: 130.482 55-DMA
*SUP 3: 130.380 Low Mar 13
*SUP 4: 130.210 Low Mar 9
*COMMENTARY: Sideways trading came to an end with a sharp sell-off Thursday that
sees bears now focused on 130.210-598 where the bull channel base off Feb lows
and 55-DMA are noted. Below 130.380 hints at a move back to 129.84 with below
130.210 to confirm. Bulls need a close above 130.700 to gain breathing room and
above the 21-DMA to return focus to 131.162-310. The Bolli base (130.752) is the
key concern for bears.

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