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(H0): Consolidates *RES 3: 153.55 -.......>

JGB TECHS
JGB TECHS: (H0): Consolidates
*RES 3: 153.55 - High Nov 28 and key resistance
*RES 2: 153.11 - High Dec 4
*RES 1: 152.70 - High Jan 27
*PRICE: 152.48 @ 16:43 GMT, Jan 28
*SUP 1: 151.62 - Contract lows, Dec 20
*SUP 2: 151.11 - 76.4% retracement of August 2018 - September 2019 Rally
*SUP 3: 150.52 - 1.0% lower 10-dma envelope
Having topped Fib resistance last week, markets secured a close above the
50-dma, opening further gains in the near-term. The Jan 6 high at 152.62 gave
way with relatively little effort, shifting upside targets to the early Dec
highs at 153.11. This counters the bearish signals in present over the past
fortnight or so, shifting focus to the late November highs and the 200-dma. To
the downside, bears could gain a firmer footing on a move through the 152.00
handle.

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