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(U17) Bears Need Close Below 150.69 ......>

JGB TECHS
JGB TECHS: (U17) Bears Need Close Below 150.69 
*RES 4: 151.08 - High May 1
*RES 3: 150.92 - Low Apr 26 now resistance
*RES 2: 150.89 - High June 7
*RES 1: 150.84 - High Aug 18
*PRICE: 150.80 @ 2130GMT
*SUP 1: 150.69 - Low Aug 21 
*SUP 2: 150.57 - Low Aug 17 
*SUP 3: 150.50 -100-DMA 
*SUP 4: 150.42 - 200-DMA
*COMMENTARY: Gains continue for the contract with immediate bullish focus on
150.89-92. Daily studies at O/B levels and looking to correct and the proximity
of the Bollinger top (150.80) remain key concerns for bulls with potential to
limit follow through. Initial support is now noted at 150.69 with bears needing
a close below to ease immediate bullish pressure and hint at a dip back towards
layers of support 150.32-50 where key DMAs are situated.

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