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(H18) Capped By Key DMAs, Bears Need......>

JGB TECHS
JGB TECHS: (H18) Capped By Key DMAs, Bears Need Close Below 150.34 
*RES 4: 150.68 - 55-DMA
*RES 3: 150.63 - High Feb 6
*RES 2: 150.61 - 200-DMA
*RES 1: 150.52 - High Feb 7
*PRICE: 150.45 @ 2030GMT
*SUP 1: 150.34 - High Feb 5 now support 
*SUP 2: 150.20 - Low Feb 5 
*SUP 3: 150.09 - 2018 Low Feb 2 
*SUP 4: 150.08 - Monthly Low Oct 3
*COMMENTARY: The recovery from 2018 lows has stalled around key DMAs with the
topside rejection Tuesday leaving the contract looking a little heavy. Bears
still need a close below 150.34 to ease renewed bullish pressure and return
focus to the close below 150.06 needed to add weight to the case for a move
targeting the 200-WMA (149.24). Bulls now need a close above the 55-DMA to end
bearish hopes and shift initial focus to 150.84.

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