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(Z18) Little Change *RES 3: 151.00 -......>

JGB TECHS
JGB TECHS: (Z18) Little Change
*RES 3: 151.00 - High Jul20
*RES 2: 150.98 - High Jul23
*RES 1: 150.90 - Down Trendline Resistance
*PRICE: 150.72 @ 16:15 GMT, Nov 7
*SUP 1: 150.48/27 - 100-/50-DMA
*SUP 2: 149.75 - Spike Low Aug 2
*SUP 3: 149.65 - Spike Low Jul 7, 17 (Continuation chart)
Wednesday kept the broader technical picture intact despite some early
volatility courtesy of US midterm elections. As such, bulls retain the upside
target of 150.86 for the time being. Last week's pullback dented momentum
somewhat, but the short-term trend does continue to point higher. Basing above
the 200-dma at 150.61 will have added confidence and bulls need an extended move
above to reignite momentum. Key support next kicks in at the 100- and 50-dmas at
150.47 and 150.31.

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