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(M18) Below 130.760 Focuses On...........>

BOBL TECHS: (M18) Below 130.760 Focuses On 130.379-510
*RES 4: 131.450 High Jan 23 (Cont) 
*RES 3: 131.310 High Apr 3 
*RES 2: 131.240 High Apr 6 
*RES 1: 131.203 100-WMA (Cont)
*SUP 1: 130.900 Low Apr 10
*SUP 2: 130.807 55-WMA
*SUP 3: 130.800 100-DMA
*SUP 4: 130.760 High Mar 19 now support
*COMMENTARY: Bears failed to capitalise on the dip below the 21-DMA (131.008)
with layers of support 130.760-807 where the 100-DMA and 55-WMA are noted. bears
need a close below 130.760 to shift initial focus back to 130.3792-510 where the
55-DMA and bull channel base off Feb lows are found. Bulls continue to look for
a close above 131.310 to kick start bullish momentum and initially focus on
131.450-597 where the bull channel top is situated.

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