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

JGB TECHS
JGB TECHS: (Z17) Bulls Still Need Close Above 151.00 
*RES 4: 151.21 - Low Sept 2 now resistance
*RES 3: 151.19 - Monthly high Nov 22
*RES 2: 151.13 - High Nov 24
*RES 1: 151.00 - Hourly resistance Dec 4
*PRICE: 150.93 @ 2030GMT
*SUP 1: 150.84 - Alternating hourly support/resistance 
*SUP 2: 150.75 - Low Dec 5 
*SUP 3: 150.66 - 55-DMA 
*SUP 4: 150.58 - 200-DMA
*COMMENTARY: The lack of follow through on the dip below 150.84 was less than
ideal for bears with the bounce seeing 151.00 resistance now key. Bulls need a
close above this level to shift focus away from the 150.54-66 region and back to
151.19-21. Bulls still need a close above 151.21 to shift focus to tests of the
151.46-51 where 2017/Sept highs and the daily bull channel top are situated.
Below 150.75 is needed to reconfirm focus on key DMAs.

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