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(M0): Back Down to Earth *RES 3: 154.87...>

JGB TECHS
JGB TECHS: (M0): Back Down to Earth
*RES 3: 154.87 - 1.0% 10-dma envelope
*RES 2: 154.61 - 76.4% Sep - Dec 2019 Decline
*RES 1: 154.38- High Mar 2
*PRICE: 153.93 @ 16:46 GMT, Mar 3
*SUP 1: 152.50 - 50-dma
*SUP 2: 151.62 - Contract lows, Dec 20
*SUP 3: 151.11 - 76.4% retracement of August 2018 - September 2019 Rally
The solid gap higher last week continues to exert influence over prices
resulting in a decent rally into the Friday close. This keeps the outlook
materially bullish despite Monday's pullback as the run began to look a little
over-extended. A close above 154.00 would build a decent base for a challenge on
the best levels of 2019. The 200-dma switches to support at 153.50.

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