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(U18) Immediate Focus On.................>

BOBL TECHS
BOBL TECHS: (U18) Immediate Focus On 131.630-132.120
*RES 4: 132.370 Hourly resistance May 30 
*RES 3: 132.120 High May 31 
*RES 2: 131.860 High June 5 
*RES 1: 131.630 High June 8
*PREVIOUS CLOSE: 131.560
*SUP 1: 131.490 Hourly resistance June 14 now support
*SUP 2: 131.190 High June 13 now support
*SUP 3: 130.756 55-DMA
*SUP 4: 130.590 Low May 22
*COMMENTARY: The 55-DMA support confirmed significance with an aggressive bounce
from just ahead that sees focus back on the 131.630-132.120 resistance region.
Bulls now look for a close above 131.630 to hint at a move back to 132.660-970
with above 132.120 to confirm. Daily studies are perfectly placed for a fresh
leg higher. Bears now need a close below 131.190 to shift focus back to
130.590-756 where the 55-DMA is situated.

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