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(M18) Still Trying To Push Lower *RES....>

BOBL TECHS
BOBL TECHS: (M18) Still Trying To Push Lower
*RES 4: 132.88 Initial pullback low May 29, now resistance
*RES 3: 132.76 Hourly recovery high May 30
*RES 2: 132.57/58 Hourly base May 29, May 31 high
*RES 1: 132.33/43 Jun 1 high, hourly resistance
*PRICE: 132.15 @0755GMT
*SUP 1: 131.94 Jun 1 low
*SUP 2: 131.70/75 61.8% Fibo of 130.64-133.41,  May 28 low
*SUP 3: 131.48 0.5% volatility band
*SUP 4: 131.36 Broken 15 month resistance line
*COMMENTARY* The retracement from last Monday's 133.41 high continued Thursday.
Next area of support from around 132.02 has seen a dip to the slightly lower
131.94 before a small bounce. Resistance comes from 132.33-132.43 but likely
requires a move back above 132.57, a previous notable low, before finding any
near term respite. Otherwise a further fall toward 131.75-131.70 eventually
beckons.

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