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Apr Highs in View *RES 3: 153.34 -........>

JGB TECHS
JGB TECHS: Apr Highs in View
*RES 3: 153.34 - Mar28 High
*RES 2: 153.01 - Apr11 High
*RES 1: 152.98 - Intraday high
*PRICE: 152.96 @ 15:56 BST, May 28
*SUP 1: 152.60 - 2% Lower Bollinger Band
*SUP 2: 152.33 - 6 March Low
*SUP 3: 151.97 - 38.2% 149.75 - 153.34
JGB futures cleared the previously hard to overcome 152.85/90 level & 61.8%
retracement to 152.98. The outright bullish trend remains intact with further
resistance located on approach to the 153.00 level. Above here opens the Apr 3
high at 153.07, ahead of cycle highs at 153.34. Bears need to clear the 2% lower
Bollinger Band to trigger any down-move (152.60), before targeting the March 6
low at 152.33.

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