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(U18) Flirting With 200-DMA *RES 4:.......>

JGB TECHS
JGB TECHS: (U18) Flirting With 200-DMA
*RES 4: 151.00 - High July 20
*RES 3: 150.92 - Low July 20 now resistance
*RES 2: 150.84 - 55-DMA
*RES 1: 150.79 - High July 25
*PRICE: 150.70 @ 2130GMT
*SUP 1: 150.68 - High July 24 now support 
*SUP 2: 150.57 - Low July 25 
*SUP 3: 150.45 - Hourly support July 24 
*SUP 4: 150.36 - High Feb 1 now support
*COMMENTARY: Bears have failed to capitalise on the sell-off back to 150.36 with
downside follow through lacking and the contract recovering to flirt with the
200-DMA (150.75) Wednesday. Bulls now need a close above 150.92 to confirm
breaks of key DMAs and return initial focus to 151.00-02. Bears now need a close
below 150.68 to gain breathing room and reconfirm initial focus on 150.36.

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