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(M18) Immediate Focus on 55 & 100-DMAs....>

JGB TECHS
JGB TECHS: (M18) Immediate Focus on 55 & 100-DMAs
*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: 150.83 @ 2130GMT
*SUP 1: 150.79 - Low Apr 6 
*SUP 2: 150.78 - 55-DMA 
*SUP 3: 150.76 - 100-DMA 
*SUP 4: 150.70 - Low Apr 2
*COMMENTARY: The 151.06 resistance confirmed significance with gains defining
last week largely negated by the rejection ahead of this level. The close below
150.83 to start the new week leaves the contract looking heavy and initial focus
on 55 & 100-DMAs. Bears need a close below the 100-DMA to initially target
150.65-70 where the 200-DMA is noted. Bull need a close above 150.95 to ease
bearish pressure.

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