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

JGB TECHS
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: 152.27 @ 16:17 BST, May 28
*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
152.47. 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.

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