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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: 150.84 - 21-DMA
*PRICE: 150.77 @ 2030GMT
*SUP 1: 150.68 - Low Jan 4 
*SUP 2: 150.65 - Hourly support Dec 21 
*SUP 3: 150.53 - Low Dec 21 
*SUP 4: 150.08 - Monthly Low Oct 3
*COMMENTARY: The 21-DMA continues to confirm significance having capped so far
in the new year. Bulls need a close above the 21-DMA to confirm an easing of
bearish pressure and shift immediate focus to 151.01 and then 151.19-21. The
150.53-68 support region is now key. Bears look for a close below 150.53 to
confirm breaks of key DMAs and to shift focus back to 150.06-19.

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