(M0): Still Holding Above Supports *RES...>

JGB TECHS: (M0): Still Holding Above Supports

*RES 3: 154.56 - High Mar 13

*RES 2: 153.50 - High Mar 16

*RES 1: 153.06 - High Mar 31 and key resistance

*PRICE: 152.40 @ 15:55 BST, May 22

*SUP 1: 152.15 - Low May 12

*SUP 2: 151.86 - Low Apr 9

*SUP 3: 151.59 - Low Mar 26

The (very) gradual recovery off the May 12 low stalled at Monday's high of

152.51. Price though remains above key support at 152.15, May 12 low. A break if

seen, would concern bulls and expose the 152.00 handle and support at 151.86,

Apr 9 low. An ability to hold above supports and more importantly a break of

153.06, Mar 31 high is required to confirm a bullish cycle and allow for a

recovery towards 153.30, Mar 16 high.