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(H18) Immediate Focus On 150.06-19 .......>

JGB TECHS
JGB TECHS: (H18) Immediate Focus On 150.06-19 
*RES 4: 150.77 - 55-DMA
*RES 3: 150.63 - 200-DMA
*RES 2: 150.56 - High Jan 15
*RES 1: 150.38 - Hourly support Jan 17 now resistance
*PRICE: 150.29 @ 2030GMT
*SUP 1: 150.25 - Bollinger band base 
*SUP 2: 150.19 - Low Oct 23 
*SUP 3: 150.08 - Monthly Low Oct 3 
*SUP 4: 150.06 - Low July 20
*COMMENTARY: Having remained capped ahead of the 200-DMA on the recovery from
150.30 the contract is looking heavy having traded at fresh 2018 & 3mth lows.
Immediate bearish focus is on layers of support 150.06-19. O/S daily studies and
the Bollinger band base are key concerns for bears. Bulls now look for a close
above150.38 to gain breathing. room. Overall a close above 150.84 is needed to
end bearish hopes and return focus to 151.19-21.

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