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(U18) Bears Focused On 130.590-920.......>

BOBL TECHS
BOBL TECHS: (U18) Bears Focused On 130.590-920
*RES 4: 132.120 High May 31 
*RES 3: 131.860 High June 5 
*RES 2: 131.630 High June 8 
*RES 1: 131.340 High June 11
*PREVIOUS CLOSE: 131.110
*SUP 1: 130.920 Low June 7
*SUP 2: 130.810 Low May 24
*SUP 3: 130.709 55-DMA
*SUP 4: 130.590 Low May 22
*COMMENTARY: The lack of topside follow through Friday following the bounce from
the week's low has been followed up with losses to start the new week with focus
currently on the 130.590-920 support region where the 55-DMA is located. Bears
then look for a close below 130.590 to initially pressure the 100-DMA (130.326)
with overall focus on 129.980 Apr lows. Bulls need a close above 132.120 to
return focus to 132.660-970 where 2018 highs are noted.

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