(M18) Bears Need Close Below 150.90.......>

JGB TECHS: (M18) Bears Need Close Below 150.90

*RES 4: 151.19 - Monthly High Nov 22

*RES 3: 151.15 - 2018 High Mar 2

*RES 2: 151.13 - Monthly High May 30

*RES 1: 151.02 - Hourly resistance May 30

*PRICE: 150.99 @ 2130GMT

*SUP 1: 150.90 - Hourly support May 28 

*SUP 2: 150.83 - 55-DMA 

*SUP 3: 150.75 - 200-DMA 

*SUP 4: 150.73 - 100-DMA

*COMMENTARY: The 151.15-19 resistance confirmed significance once again with the

contract rejected ahead of this level and looking a little offered. Bears now

need a close below 150.90 to return focus to 150.73-83 where key DMAs are

clustered. Correcting modestly O/B studies are adding weight to the case for a

correction. Bulls now need a close above 151.02 to return pressure to 151.13-19.