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(H9) Maintains Bullish Outlook *RES 4:....>

JGB TECHS
JGB TECHS: (H9) Maintains Bullish Outlook
*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: 152.18 @ 16:44 GMT, Dec 17
*SUP 1: 150.59 - 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 uptrend remains intact having closed above the 152.00 level on
Friday. Technical indicators continue to generate bullish momentum 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.

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