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(M18) 21-DMA Now Capping *RES 4: 151.15...>

JGB TECHS
JGB TECHS: (M18) 21-DMA Now Capping
*RES 4: 151.15 - 2018 High Mar 2
*RES 3: 151.06 - High Mar 12
*RES 2: 150.97 - Low Mar 13 now resistance
*RES 1: 150.91 - 21-DMA
*PRICE: 150.82 @ 2030GMT
*SUP 1: 150.73 - High Mar 14 now support 
*SUP 2: 150.67 - Bollinger band base 
*SUP 3: 150.62 - 200-DMA 
*SUP 4: 150.55 - Low Mar 2
*COMMENTARY: The recovery from 200-DMA tests that defined last week is
struggling with follow through lacking above the 21-DMA. Bulls need a close
above 150.97 to confirm focus on layers of resistance 151.15-19. The contract is
looking a little heavy with the 21-DMA capping and hints at a correction
initially targeting 150.62-73 where key DMAs are clustered. Below 150.55 is
needed to target 150.36 and then 150.08-09 where 2018 and Oct lows are noted.

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