(U18) 55-DMA Now Supporting *RES 4:.......>

JGB TECHS: (U18) 55-DMA Now Supporting

*RES 4: 151.15 - 2018 High Mar 2

*RES 3: 151.13 - Monthly High May 30

*RES 2: 151.02 - Hourly resistance May 30

*RES 1: 150.96 - High July 13

*PRICE: 150.91 @ 2130GMT

*SUP 1: 150.85 - 55-DMA 

*SUP 2: 150.80 - Low June 29 

*SUP 3: 150.71 - Low June 15 

*SUP 4: 150.60 - Low June 14

*COMMENTARY: Bulls have so far failed to take out the 151.02 resistance needed

to add support to the case for a test of the 151.13-19 resistance region. Daily

studies correcting from modestly O/B weighed in past weeks. Bears now need a

close below the 55-DMA to gain breathing room and below 150.80 to shift initial

focus to 150.71-74 where the 200-DMA is situated. Overall below 150.71 hints at

a move back to 150.39.