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(H9) Bulls Bite Back *RES 4: 152.89 -.....>

JGB TECHS
JGB TECHS: (H9) Bulls Bite Back
*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: 152.04 - High Nov 9 2016
*PRICE: 151.81 @ 16:36 GMT, Dec 13
*SUP 1: 150.47/33 - 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)
The recent rally resumed Thursday, bidding prices back toward recent cycle highs
of 151.89 and a strong close on the week will set up markets nicely for a run on
the 152.00 handle. Most technical indicators continue to point higher, with the
longer-term targets holding in the mid-152s. Key support next kicks in at the
200- and 100-dmas at 150.69 and 150.52.

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