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(H18) Bulls Need Close Above 21-DMA ......>

JGB TECHS
JGB TECHS: (H18) Bulls Need Close Above 21-DMA 
*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: 150.85 - 21-DMA
*PRICE: 150.81 @ 2030GMT
*SUP 1: 150.77 - Hourly support Dec 29 
*SUP 2: 150.65 - Hourly support Dec 21 
*SUP 3: 150.53 - Low Dec 21 
*SUP 4: 150.08 - Monthly Low Oct 3
*COMMENTARY: Pressure remains on the 21-DMA with bulls needing a close above to
confirm an easing of bearish pressure and shift immediate focus to 151.01 and
then 151.19-21. Initial support is noted at 150.77 with bears needing a close
below to ease pressure on the 21-DMA. Overall bears need a close below 150.53 to
end bullish hopes and shift focus to 150.19.

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