(M0): Still In Retreat Mode *RES 3:.......>

JGB TECHS: (M0): Still In Retreat Mode

*RES 3: 156.02 - High Mar 10 and key resistance

*RES 2: 154.56 - High Mar 13

*RES 1: 153.50 - High Mar 16

*PRICE: 152.09 @ 15:52 GMT, Mar 17

*SUP 1: 151.52 - Low Mar 16

*SUP 2: 150.98 - Low Nov 29, 2018 (cont)

*SUP 3: 150.00 - Psychological round number

JGB futures remain vulnerable following the recent sharp sell-off that began off

the Mar 10 high of 156.02. Downside pressure is likely to persist with scope

seen for a break of the recent 151.52 low to open 150.98 next, low Dec 23

(cont). The 151.52 area also marks a key support area and if breached would

highlight a stronger bearish theme and open the psychological 150.00 handle

further out. On the upside, initial resistance is seen at 153.50, Mar 16 high.