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(M18) Topside Hesitation A Concern .......>

JGB TECHS
JGB TECHS: (M18) Topside Hesitation A Concern 
*RES 4: 151.19 - Monthly High Nov 22
*RES 3: 151.15 - 2018 High Mar 2
*RES 2: 151.06 - High Mar 12
*RES 1: 150.97 - Low Mar 13 now resistance
*PRICE: 150.88 @ 2030GMT
*SUP 1: 150.85 - Hourly support Mar 16 
*SUP 2: 150.73 - High Mar 14 now support 
*SUP 3: 150.66 - Bollinger band base 
*SUP 4: 150.62 - 200-DMA
*COMMENTARY: The recovery from 200-DMA tests that defined last week appears to
be in trouble with follow through lacking above the 21-DMA (150.89). Bulls now
need a close above 150.97 to confirm focus on layers of resistance 151.15-19.
The 150.85 support is key today. Bears now need a close below this level to
return focus to 150.55-150.73 where key DMAs are clustered. Below 150.55 is
needed to target 150.36 and then 150.08-09 where 2018 and Oct lows are noted.

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