(H18) Looking A Little Heavy *RES 4:.....>

JGB TECHS: (H18) Looking A Little Heavy 

*RES 4: 151.13 - High Nov 24

*RES 3: 151.05 - High Dec 8

*RES 2: 151.01 - High Dec 18

*RES 1: 150.93 - Hourly support Dec 19 now resistance

*PRICE: 150.84 @ 2030GMT

*SUP 1: 150.75 - Low Dec 5 

*SUP 2: 150.70 - 55-DMA 

*SUP 3: 150.61 - 200-DMA 

*SUP 4: 150.54 - High Nov 2 now support

*COMMENTARY: Bears take comfort in pressure resulting in a break of 150.84

although follow through has so far been lacking. Bears now focus on the

150.54-75 region where 55, 100 & 200-DMAs are situated. A close below 150.54 is

now needed to confirm breaks of DMAs and target 150.06-19 where Oct lows are

noted. Bulls need a close above 151.01 to see focus shift to 151.19-21 with

above 151.21 to target 2017 highs (151.51).