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(U18) 131.430 Resistance Key Today.......>

BOBL TECHS
BOBL TECHS: (U18) 131.430 Resistance Key Today
*RES 4: 132.370 Hourly resistance May 30 
*RES 3: 132.120 High May 31 
*RES 2: 131.860 High June 5 
*RES 1: 131.430 Low June 4 now resistance
*PREVIOUS CLOSE: 131.16
*SUP 1: 131.078 21-DMA
*SUP 2: 130.810 Low May 24
*SUP 3: 130.646 55-DMA
*SUP 4: 130.590 Low May 22
*COMMENTARY: Pressure on the 131.430 support took its toll with a break and
close below that sees the contract flirting with the 21-DMA. A close below the
21-DMA hints at a move back to 129.98 with below 130.590 to confirm a break of
the 55-DMA and add weight to the case. Bulls now need a close above 131.430 to
gain breathing room and above 132.12 to return focus to 132.660-970 where 2018
highs are noted.

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