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(H9) Neutral for Now *RES 3: 154.01 -.....>

JGB TECHS
JGB TECHS: (H9) Neutral for Now
*RES 3: 154.01 - 28 July 2016
*RES 2: 152.89 - 76.4% 154.01-149.28
*RES 1: 152.84 - Dec19 High
*PRICE: 152.43 @ 14:35GMT, Dec27
*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 shaking the technical picture somewhat, 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.

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