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(M18) 100-DMA Support Key Today *RES 4:...>

JGB TECHS
JGB TECHS: (M18) 100-DMA Support Key Today
*RES 4: 151.15 - 2018 High Mar 2
*RES 3: 151.13 - Monthly High May 30
*RES 2: 151.02 - Hourly resistance May 30
*RES 1: 150.90 - Hourly support May 28 now resistance
*PRICE: 150.81 @ 2130GMT
*SUP 1: 150.75 - 200-DMA 
*SUP 2: 150.73 - 100-DMA 
*SUP 3: 150.62 - Low May 16 
*SUP 4: 150.39 - Monthly Low Apr 26
*COMMENTARY: Having looked offered heading into Friday bears were not
disappointed with a dip pressuring key DMAs. Bears now look for a close below
the 100-DMA to shift initial focus to 150.62 and overall focus to 150.39.
Correcting modestly O/B studies are currently weighing and adding to bearish
confidence. Bulls now need a close above 150.90 to gain breathing room and above
151.02 to return focus to 151.13-19.

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