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(Z17) Bulls Need Close Above 151.01 ......>

JGB TECHS
JGB TECHS: (Z17) Bulls Need Close Above 151.01 
*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: 151.01 - Hourly resistance Nov 30
*PRICE: 150.89 @ 2030GMT
*SUP 1: 150.84 - Low Nov 30 
*SUP 2: 150.66 - 55-DMA 
*SUP 3: 150.60 - 100-DMA 
*SUP 4: 150.56 - 200-DMA
*COMMENTARY: Bearish pressure has resulted in a dip below the 21-DMA (150.88) as
the contract now trades below the bull channel base (150.94) and bears shift
focus to tests of key DMAs 150.56-66. Daily studies are well placed for a fresh
leg lower. Bulls now need a close above 151.01 to ease bearish pressure and
above 151.13 to shift initial pressure back to 151.21 and above this level to
target the channel top (151.49).

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