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(Z18) Gains Held *RES 4: 151.13 - High....>

JGB TECHS
JGB TECHS: (Z18) Gains Held
*RES 4: 151.13 - High May30
*RES 3: 151.09 - 38.2% 154.01-149.28
*RES 2: 151.00 - High Jul20
*RES 1: 150.98 - High Jul23
*PRICE: 150.81 @ 16:45 GMT, Nov 13
*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)
Bulls will have taken confidence from the market's ability to hold gains on the
break above down trendline resistance Monday, keeping July highs in range at
150.98 and 151.00 beyond. Last week's pullback dented momentum somewhat, but the
short-term trend does continue to point higher. Basing above the 200-dma at
150.62 will have added confidence. Key support next kicks in at the 100- and
50-dmas at 150.47 and 150.35.

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