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(M18) Offered And Focus On 150.65-70......>

JGB TECHS
JGB TECHS: (M18) Offered And Focus On 150.65-70
*RES 4: 151.03 - High Apr 12
*RES 3: 150.95 - Low Apr 12 now resistance
*RES 2: 150.86 - Hourly resistance Apr 19
*RES 1: 150.81 - 55-DMA
*PRICE: 150.75 @ 2130GMT
*SUP 1: 150.75 - Bollinger band base 
*SUP 2: 150.70 - Low Apr 2 
*SUP 3: 150.65 - 200-DMA 
*SUP 4: 150.55 - Low Mar 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 has been followed up with closes below 55 &
100-DMAs with immediate focus now on the 200-DMA. Bears need a close below to
shift initial focus to 150.51-55. Bulls now need a close above 150.86 to gain
breathing room.

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