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(M18) Immediate Focus On 150.95 *RES 4:...>

JGB TECHS
JGB TECHS: (M18) Immediate Focus On 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, Bollinger top
*PRICE: 150.86 @ 2130GMT
*SUP 1: 150.76 - 21-DMA 
*SUP 2: 150.72 - 100-DMA 
*SUP 3: 150.62 - Low May 16 
*SUP 4: 150.39 - Monthly Low Apr 26
*COMMENTARY: The closes above the 55-DMA add support to the case for tests of
the 150.95 resistance. Bulls continue to look for a close above this level to
confirm initial focus on 151.03-15 where 2018 highs are located. Daily studies
are well placed for a fresh leg higher. The 100-DMA is now key support. Bears
need a close below this level to confirm breaks of 21, 100 & 200-DMAs with
immediate focus returning to 150.62.

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