(U18) 131.46-131.43 Holds The Fall.......>

BOBL TECHS: (U18) 131.46-131.43 Holds The Fall this Week

*RES 4: 132.37 Hourly recovery high May 30

*RES 3: 132.12 May 31 high

*RES 2: 131.97 Hourly high May 30

*RES 1: 131.84 Jun 1 high

*PRICE: 131.76 @1520GMT

*SUP 1: 131.43/46 Jun 4, Jun 1 lows

*SUP 2: 131.23 May 28 low

*SUP 3: 131.17/18 61.8% of 130.06-132.97. May 24 high

*SUP 4: 131.04 0.5% volatility band

*COMMENTARY* Has found support from between 131.46-131.43 over the last couple

of days, as near term conditions enter into oversold territory. This just below

a 50% correction of the 130.06-132.97 gains in the latter half of last month.

While held around here, look to the Jun 1 high at 131.84 for resistance. Back

above here would improve the chances of a better recovery, 131.97-132.12 then

possible higher. Loss of 131.43 and 131.23-131.17 next.