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(M18) Close Below 130.510 To Ease........>

BOBL TECHS
BOBL TECHS: (M18) Close Below 130.510 To Ease Bullish Pressure
*RES 4: 130.884 Daily Bull channel top 
*RES 3: 130.810 Bollinger band top 
*RES 2: 130.760 High Mar 19 
*RES 1: 130.690 Hourly support Mar 19 now resistance
*PREVIOUS CLOSE: 130.660
*SUP 1: 130.510 Low Mar 19
*SUP 2: 130.380 Low Mar 13
*SUP 3: 130.210 Low Mar 9
*SUP 4: 130.088 Daily Bull channel base off Feb low
*COMMENTARY: Topside hesitation is a concern for bulls with layers of resistance
now noted 130.760-981 where the Bollinger top, bull channel top and 100-DMA are
noted. Bulls need a close above the 100-DMA to initially target 131.380. Bears
look for a close below 130.510 to ease bullish pressure and below 130.210 to
shift focus back to 129.840-130.088 where the bull channel base off Feb lows is
located.

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