(H9) Bullish Trend *RES 4: 152.89 -.......>

JGB TECHS: (H9) Bullish Trend

*RES 4: 152.89 - 76.4% 154.01-149.28

*RES 3: 152.43 - High Sep 28 2016

*RES 2: 152.20 - 61.8% 154.00-149.28

*RES 1: 152.17 - Intraday high

*PRICE: 152.15 @ 15:36 GMT, Dec 14

*SUP 1: 150.58 - 100-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)

The recent up trend remains intact with a move through 152.00 to close the week

on a positive theme. Technical indicators continue to point higher, with the

longer-term targets holding in the mid-152s. The Sep 28 2016 high provides the

next layer of resistance at 152.43, ahead of the 76.4% retracement level at

152.89. On the downside, bears need to clear the 100-dma to return the outlook

neutral, targeting a break of the Aug 2 spike low at 149.75.