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(U17) Bears Need Close Below 151.01 ......>

JGB TECHS
JGB TECHS: (U17) Bears Need Close Below 151.01 
*RES 4: 151.58 - Low Oct 28 now resistance
*RES 3: 151.40 - Bollinger band top
*RES 2: 151.35 - 2017 High Aug 29
*RES 1: 151.25 - Hourly resistance Aug 30a
*PRICE: 151.17 @ 2130GMT
*SUP 1: 151.01 - High Aug 24 now support 
*SUP 2: 150.95 - Alternating hourly support/resistance 
*SUP 3: 150.84 - High Aug 18 now support 
*SUP 4: 150.71 - 21-DMA
*COMMENTARY: The lack of topside follow through on fresh 2017 and 10mth highs
left the contract looking heavy but bears have so far failed to take out 151.01.
Bears need a close below this level to shift initial focus back to 150.66-84
where the 21-DMA is situated. Bulls now look for a close above 151.25 to retain
focus on 151.58-152.04 where Nov highs are situated. Very O/B studies looking to
correct are the key concern for bulls.

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