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(U17) Bulls Need Close Above 100-DMA .....>

JGB TECHS
JGB TECHS: (U17) Bulls Need Close Above 100-DMA 
*RES 4: 150.67 - High June 28
*RES 3: 150.48 - 100-DMA
*RES 2: 150.46 - 200-DMA
*RES 1: 150.45 - High Aug 9
*PRICE: 150.42 @ 2130GMT
*SUP 1: 150.32 - 55-DMA 
*SUP 2: 150.18 - 21-DMA 
*SUP 3: 150.11 - Low Aug 2 
*SUP 4: 150.06 - Low July 20
*COMMENTARY: Bulls take comfort in the close above the 55-DMA and pressure back
on 100 & 200-DMAs. Bulls now look for a close above the 100-DMA to reconfirm the
bullish bias and shift initial focus to 150.67-92. The Bollinger band top
(150.40) is the key concern for bulls with potential to limit follow through.
Bears now look for a close below the 55-DMA to ease pressure on key resistance
layers and below 150.03 to shift focus back to 149.65.

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