(H18) Bulls Need Close Above 150.81 ......>

JGB TECHS: (H18) Bulls Need Close Above 150.81 

*RES 4: 151.05 - High Dec 8

*RES 3: 151.01 - High Dec 18

*RES 2: 150.93 - Hourly support Dec 19 now resistance

*RES 1: 150.81 - Hourly support Dec 20 now resistance

*PRICE: 150.72 @ 2030GMT

*SUP 1: 150.65 - Hourly support Dec 21 

*SUP 2: 150.53 - Low Dec 21 

*SUP 3: 150.08 - Monthly Low Oct 3 

*SUP 4: 150.06 - Low July 20

*COMMENTARY: The lack of follow through on the marginal break of 150.54 was less

than ideal for bears who continue to look for a close below 150.53 to confirm

focus on 150.06-19 where monthly lows are noted. Initial resistance remains at

150.81. Bulls still need a close above 150.81 to ease bearish pressure and shift

initial focus back to 151.01-05 with potential for a move back to 151.19-21

where monthly highs are noted.