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(M18) Hesitating Ahead Of Key............>

BOBL TECHS
BOBL TECHS: (M18) Hesitating Ahead Of Key Resistance
*RES 4: 131.482 Bollinger band top 
*RES 3: 131.450 High Jan 23 (Cont) 
*RES 2: 131.310 High Apr 3 
*RES 1: 131.237 100-WMA (Cont)
*PREVIOUS CLOSE: 131.160
*SUP 1: 131.110 Low Apr 6
*SUP 2: 131.040 Low Apr 5
*SUP 3: 130.860 Hourly resistance Mar 22 now support
*SUP 4: 130.846 100-DMA
*COMMENTARY: Fresh 3mth highs lacked follow through above the 100-WMA last
Tuesday with M18 looking a little offered and dipping Thursday. Bears now look
for a close below 131.040 to add weight to the case for a test of 130.760-849
where 21 & 100-DMAs are found. Bulls continue look for a close above 131.310 to
end bearish hopes, confirm a break of the 100-WMA and focus on 131.450-583 where
the 200-WMA is found.

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