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(U18) 150.71 Support Key Today *RES 4:....>

JGB TECHS
JGB TECHS: (U18) 150.71 Support Key Today
*RES 4: 151.02 - Hourly resistance May 30
*RES 3: 150.94 - Low May 31 now resistance
*RES 2: 150.88 - High June 8
*RES 1: 150.86 - 21-DMA
*PRICE: 150.83 @ 2130GMT
*SUP 1: 150.71 - Low June 15 
*SUP 2: 150.60 - Low June 14 
*SUP 3: 150.58 - Rising daily TL Off 2017 low 
*SUP 4: 150.53 - Low Apr 27
*COMMENTARY: Bears have so far failed to capitalise on last Wednesday's sell-off
with the recovery resulting in pops above 100 & 200-DMAs. The 150.88-94
resistance region remains key today. Bulls need a close above this region to
return focus to the 151.02-19 resistance region. Daily studies remain well
placed for gains. Bears now need a close below 150.71 to gain breathing room and
reconfirm initial focus on 150.53-60.

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