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(Z18) Winning Streak Continues *RES 4:....>

JGB TECHS
JGB TECHS: (Z18) Winning Streak Continues
*RES 4: 151.00 - High Jul20
*RES 3: 150.61 - 200-DMA
*RES 2: 150.60 - 61.8% 151.13-149.75
*RES 1: 150.58 - High Aug 22
*PRICE: 150.57 @ 16:43 GMT, Oct 24
*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)
*SUP 4: 149.38 - Spike Low Dec 2, 16 (Continuation chart)
Another strong session adds to the bullish conviction, with closes above both
the 100- and 50-dmas allowing the upside target to shift to 150.61 and even
151.00 beyond that. 150.58 is the high watermark for the move and a close above
here would open Fib resistance at 150.60 and 150.80 beyond that. 149.95 remains
the base for now, which should continue to provide some modest support. A break
below 149.95 would open the Aug 2 spike low at 149.75 and 149.65 below there.

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