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(H9) Lower Lows *RES 4: 152.89 - 76.4%....>

JGB TECHS
JGB TECHS: (H9) Lower Lows
*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: 151.60 @ 16:36 GMT, Dec 12
*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)
After an impressive rally in recent weeks, JGB futures shed a further ten ticks
or so in the Wednesday session, as markets continue to take profits. The move
lower has stopped shy of triggering any negative signals just yet, but markets
eye 151.43 as key support. Other 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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