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(Z18) Bulls Build Again *RES 4: 152.20....>

JGB TECHS
JGB TECHS: (Z18) Bulls Build Again
*RES 4: 152.20 - 61.8% 154.00-149.28
*RES 4: 151.64 - 50% 154.00-149.28
*RES 3: 151.51 - High Sep 8 2017
*RES 1: 151.19 - High Nov 22 2017
*PRICE: 151.09 @ 15:40 GMT, Nov 21
*SUP 1: 150.47/33 - 100-/50-DMA
*SUP 2: 149.75 - Spike Low Aug 2
*SUP 3: 149.65 - Spike Low Jul 7, 17 (Continuation chart)
*SUP 4: 149.38 - Spike Low Dec 2, 16 (Continuation chart)
Despite a glut of profit-taking Wednesday, the ability of JGBs to rally back
above the 151.00 mark will have instilled further confidence in bulls, with
technical indicators still pointing higher for now. This further confirms the
bullish breakout and targets are shifted higher to 151.19 and 151.51 beyond
there. Key support next kicks in at the 100- and 50-dmas at 150.48 and 150.41.

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