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(U18) Bulls Need Close Above 100-DMA......>

JGB TECHS
JGB TECHS: (U18) Bulls Need Close Above 100-DMA
*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: 150.77 - 100-DMA
*PRICE: 150.74 @ 2130GMT
*SUP 1: 150.60 - Low June 14 
*SUP 2: 150.57 - Rising daily TL Off 2017 low 
*SUP 3: 150.53 - Low Apr 27 
*SUP 4: 150.39 - Monthly Low Apr 26
*COMMENTARY: Bears have so far failed to capitalise on Wednesday's sell-off with
the recovery resulting in pops above 100 & 200-DMAs. Bulls now need a close
above the 100-DMA to ease bearish pressure and return focus to layers of
resistance 150.88-151.02. Daily studies correcting from O/S are well placed for
a fresh leg higher. Bears remain focused on 150.53-60 while the 100-DMA caps.

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