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(U17) Bulls Need Close Above 55-DMA ......>

JGB TECHS
JGB TECHS: (U17) Bulls Need Close Above 55-DMA 
*RES 4: 150.49 - 100-DMA
*RES 3: 150.37 - 55-DMA
*RES 2: 150.33 - High July 25
*RES 1: 150.27 - High July 27
*PRICE: 150.19 @ 2130GMT
*SUP 1: 150.07 - 21-DMA 
*SUP 2: 150.06 - Low July 20 
*SUP 3: 150.03 - Low July 18 
*SUP 4: 149.92 - Low July 17
*COMMENTARY: The bounce from the 21-DMA Wednesday provided bulls with hope but
layers of resistance 150.33-150.67 remain as issue. Bulls continue to look for a
close above the 55-DMA to hint at a shift higher in focus with above 150.67
confirming and targeting 2017 highs. Bears still need a close below 150.03 to
confirm a break of the 21-DMA and shift focus back to 149.65. Daily studies
correcting from O/B are the key concern for bulls.

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