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(U18) Focus On 131.770-780 Today *RES....>

BOBL TECHS
BOBL TECHS: (U18) Focus On 131.770-780 Today
*RES 4: 132.669 Bollinger band top 
*RES 3: 132.660 High May 30 
*RES 2: 132.330 High July 2 
*RES 1: 132.090 Low July 3
*PREVIOUS CLOSE: 132.020
*SUP 1: 131.780 21-DMA
*SUP 2: 131.770 High June 18 now support, Low June 29
*SUP 3: 131.490 Hourly resistance June 14 now support
*SUP 4: 131.190 High June 13 now support
*COMMENTARY: Topside hesitation resulted in a sharp dip Friday only to confirm
the significance of the 131.770-780 support region with an aggressive bounce.
Bulls now need a close above 132.330 to confirm focus on 132.660-970. Correcting
O/B studies look to be weighing and are the key concern for bulls. The close
below 132.090 buys bears breathing room with below 131.770 to target
130.780-131.190.

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