(H9) Enters Period of Neutrality *RES.....>

JGB TECHS: (H9) Enters Period of Neutrality

*RES 3: 154.01 - 28 July 2016

*RES 2: 152.89 - 76.4% 154.01-149.28

*RES 1: 152.84 - Dec19 High

*PRICE: 152.32 @ Dec24 Close

*SUP 1: 152.11 - 23.6% 149.75 - 152.84

*SUP 2: 151.00 - 50-DMA

*SUP 3: 150.63 - 100-DMA

Despite recent volatility knocking some technical levels to both the upside and

downside, this does little to change the medium- and long-term view, which

continues to point higher. Those looking for further upside eye signals from the

the 100-dma breaking above the 200-dma in the coming sessions. In the near-term,

bulls look for a break above the 76.4% fib retracement level at 152.89 and fresh

multi-year highs. On the downside, bears need to clear the 50-dma to return the

outlook to anything near neutral.