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(H9) Week's Range Remains 7 Ticks *RES....>

JGB TECHS
JGB TECHS: (H9) Week's Range Remains 7 Ticks
*RES 3: 154.01 - 28 July 2016
*RES 2: 153.80 - 29 August 2016 High
*RES 1: 153.13 - Uptrendline Resistance
*PRICE: 152.88 @ 16:27 GMT, Feb26
*SUP 1: 152.56 - 50-DMA
*SUP 2: 152.23 - 23.6% 149.75 - 152.99
*SUP 3: 151.62 - 100-DMA
Having touched 153.00 twice last week and subsequently retreated, prices were
broadly flat for much of the Tuesday session, keeping the week's range at a
meagre 7 ticks. Any break above 153.00 would challenge uptrend trendline
resistance at 153.13 before any serious test on 2016 levels. This keeps the
focus still on the upside and fresh contract highs, making 154.01 a serious
prospect. For bears to re-initiate any downside, next support kicks in at 152.56
50-dma.

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