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(H18) Below 150.54 Confirms Focus On......>

JGB TECHS
JGB TECHS: (H18) Below 150.54 Confirms Focus On 150.06-19 
*RES 4: 151.01 - High Dec 18
*RES 3: 150.93 - Hourly support Dec 19 now resistance
*RES 2: 150.81 - Hourly support Dec 20 now resistance
*RES 1: 150.70 - 55-DMA
*PRICE: 150.84 @ 2030GMT
*SUP 1: 150.61 - 200-DMA 
*SUP 2: 150.54 - High Nov 2 now support 
*SUP 3: 150.08 - Monthly Low Oct 3 
*SUP 4: 150.06 - Low July 20
*COMMENTARY: The sell-off that has defined the week so far sees immediate focus
on 150.54-61 where the 200-DMA is located. Bears now look for a close below
150.54 to confirm focus on 150.06-19 where monthly lows are noted. Daily studies
are well placed for further losses. Bulls now need a close above 150.81 to ease
bearish pressure and shift initial focus back to 151.01.

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