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(Z17) Bull Channel Base Pressured *RES...>

JGB TECHS
JGB TECHS: (Z17) Bull Channel Base Pressured 
*RES 4: 151.33 - High Sept 12
*RES 3: 151.21 - Low Sept 2 now resistance
*RES 2: 151.13 - High Nov 24
*RES 1: 150.94 - Low Nov 24 now resistance
*PRICE: 150.93 @ 2030GMT
*SUP 1: 150.88 - High Nov 16 now support 
*SUP 2: 150.85 - Daily Bull channel base 
*SUP 3: 150.80 - 21-DMA 
*SUP 4: 150.68 - 55-DMA
*COMMENTARY: The topside failures ahead of 151.21 has left the contract looking
heavy and pressuring the bull channel base. Bears look for a close below the
21-DMA to confirm traction below the bull channel base and to shift initial
focus back to key DMAs 150.54-68. Bulls need a close above 150.94 to gain
breathing room and above 151.13 to return immediate pressure to 151.21.

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