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(M18) Bears Need Close Below 150.77.......>

JGB TECHS
JGB TECHS: (M18) Bears Need Close Below 150.77
*RES 4: 151.15 - 2018 High Mar 2
*RES 3: 151.06 - High Mar 12
*RES 2: 151.03 - High Apr 12
*RES 1: 150.95 - Low Apr 12 now resistance
*PRICE: 150.78 @ 2130GMT
*SUP 1: 150.77 - Low May 2 
*SUP 2: 150.70 - Alternating daily support/resistance 
*SUP 3: 150.69 - 200-DMA 
*SUP 4: 150.52 - Alternating daily support/resistance
*COMMENTARY: Hesitation ahead of the 150.95-151.06 resistance region is less
than ideal for bulls with a close above 151.06 needed to shift initial focus to
151.15-21. Bears now need a close below 150.77 to gain breathing room and below
the 200-DMA to end bullish hopes and shift initial focus back to 150.52. Overall
below 150.52 is needed to see bear targeting 2018 lows.

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