(Z17) Narrowing Bollinger Bands Hint At...>

JGB TECHS: (Z17) Narrowing Bollinger Bands Hint At Breakout 

*RES 4: 150.65 - Low Sept 20 now resistance

*RES 3: 150.50 - 100-DMA

*RES 2: 150.46 - 200-DMA

*RES 1: 150.37 - 21-DMA

*PRICE: 150.32 @ 2030GMT

*SUP 1: 150.26 - Low Oct 25 

*SUP 2: 150.19 - Bollinger band base 

*SUP 3: 150.08 - Low Oct 3 

*SUP 4: 150.06 - Low July 20

*COMMENTARY: Sideways trading defined most of last week with the contract capped

ahead 150.46-50 where 100 & 200-DMAs are located. The 21-DMA capped Friday with

a close below 150.26 shifting focus to 150.06-08 this week. Below 150.06 shifts

overall focus back to 149.65 July lows. Bulls need a close above the 21-DMA to

return pressure to 150.46-51 and above the 55-DMA (150.70) to end bearish hopes

and target 150.96-151.01.