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(Z17) Bull Channel Base Confirms..........>

JGB TECHS
JGB TECHS: (Z17) Bull Channel Base Confirms Significance 
*RES 4: 151.44 - Daily Bull channel top
*RES 3: 151.33 - High Sept 12
*RES 2: 151.21 - Low Sept 2 now resistance
*RES 1: 151.13 - High Nov 24
*PRICE: 151.03 @ 2030GMT
*SUP 1: 150.94 - Alternating support/resistance 
*SUP 2: 150.88 - High Nov 16 now support, Channel base 
*SUP 3: 150.83 - 21-DMA 
*SUP 4: 150.68 - 55-DMA
*COMMENTARY: The daily bull channel base off Oct 23 lows confirmed significance
with the contract bouncing from a dip back to this support and the 21-DMA noted
just below. Bulls continue to look for a close above 151.13 to shift immediate
focus to 151.21 and above this level to target the channel top. Bears need a
close below the 21-DMA to confirm traction below the bull channel base and shift
initial focus back to key DMAs 150.55-68.

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