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(U17) Bears Need Close Below 200-DMA .....>

JGB TECHS
JGB TECHS: (U17) Bears Need Close Below 200-DMA 
*RES 4: 150.71 - 55-WMA
*RES 3: 150.70 - 100-WMA
*RES 2: 150.67 - High June 28
*RES 1: 150.60 - Daily Bull channel top
*PRICE: 150.56 @ 2130GMT
*SUP 1: 150.45 - 200-DMA 
*SUP 2: 150.32 - 55-DMA 
*SUP 3: 150.23 - 21-DMA 
*SUP 4: 150.11 - Low Aug 2
*COMMENTARY: Closes above 100 (150.49) and 200 (150.45) DMAs adds support to the
bullish case with focus on layers of resistance 150.67-150.92 where WMAs are
noted. The Bollinger top (150.48) is the key concern for bulls with potential to
limit follow through. The 200-DMA is now initial support with bears needing a
close below to ease bullish pressure and below the 55-DMA so shift focus back to
150.03-06.

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