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(M18) Focus Shifts To 131.120-310 *RES...>

BOBL TECHS
BOBL TECHS: (M18) Focus Shifts To 131.120-310
*RES 4: 131.380 Bollinger band top 
*RES 3: 131.310 High Apr 3 
*RES 2: 131.240 High Apr 6 
*RES 1: 131.120 100-WMA
*PREVIOUS CLOSE: 131.040
*SUP 1: 130.996 21-DMA
*SUP 2: 130.780 Hourly resistance Apr 26 now support
*SUP 3: 130.697 100-DMA
*SUP 4: 130.583 55-DMA
*COMMENTARY: The recovery from dips back towards the 55-DMA has resulted in a
close above the 21-DMA and immediate focus returning to layers of resistance
131.120-310. Bull snow need a close above 131.310 to confirm focus on the bull
channel top (131.840). The 21-DMA is now initial support but bears look for a
close below 130.780 to ease bullish pressure and below 130.510 to shift initial
focus to 130.210 and overall focus to 129.840.

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