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(M18) Above 150.52 To Gain Breathing......>

JGB TECHS
JGB TECHS: (M18) Above 150.52 To Gain Breathing Room
*RES 4: 150.83 - 55-DMA
*RES 3: 150.74 - 100-DMA
*RES 2: 150.70 - Low Apr 2 now resistance
*RES 1: 150.52 - Hourly support Apr 25 now resistance
*PRICE: 150.48 @ 2130GMT
*SUP 1: 150.43 - Low Apr 23 
*SUP 2: 150.36 - High Feb 1 now support 
*SUP 3: 150.09 - 2018 Low Feb 2 
*SUP 4: 149.55 - 200-WMA
*COMMENTARY: Bears have reasserted dominance with pressure firmly on the
150.36-43 region. Bears continue to look for a close below 150.36 to shift
immediate focus to tests of 2018 lows. Fresh 2018 lows then target the 200-WMA.
(149.55). Bulls now need a close above 150.52 to gain breathing room and above
150.70 to shift initial focus back to 150.79-83 where 21 & 55-DMAs are located.
O/S studies and the Bollinger base (150.53) are concerns for bears.

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