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(M18) Bulls Now Need Close Above 150.95...>

JGB TECHS
JGB TECHS: (M18) Bulls Now Need Close Above 150.95
*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: 150.88 @ 2130GMT
*SUP 1: 150.77 - Low May 2 
*SUP 2: 150.70 - Alternating daily support/resistance 
*SUP 3: 150.68 - 200-DMA 
*SUP 4: 150.52 - Alternating daily support/resistance
*COMMENTARY: Bulls take comfort in the closes above the 55-DMA (150.85) with
bulls continuing to look for a close above 150.95 to confirm initial focus on
151.03-06 where monthly highs are located. Bulls also gain confidence in support
emerging on dips. Bears now look for a close below 150.70 to shift focus back to
150.36-52 where recent lows are noted.

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