(M18) Immediate Focus On 100-WMA *RES....>

BOBL TECHS: (M18) Immediate Focus On 100-WMA

*RES 4: 131.456 Daily Bull channel top 

*RES 3: 131.450 High Jan 23 (Cont) 

*RES 2: 131.282 100-WMA (Cont) 

*RES 1: 131.210 High Mar 5 (Cont)

*PREVIOUS CLOSE: 131.170

*SUP 1: 131.060 High Mar 23 now support

*SUP 2: 130.860 Hourly resistance Mar 22 now support

*SUP 3: 130.760 High Mar 19 now support

*SUP 4: 130.510 Low Mar 19

*COMMENTARY: Bulls have gained traction above the 100-DMA (130.927) following an

aggressive rally and bullish close Tuesday that now sees immediate focus on the

100-WMA. A close above the 100-WMA was last seen in Dec 2017. Bulls look for a

close above the 100-WMA to pressure 131.450-456. Bears now look for a close

below 131.060 to ease bullish pressure and below 130.760 to shift initial focus

back to 130.210-510 where 21 & 55-DMAs are located.