(M0): Turning Lower *RES 3: 154.56 -......>

JGB TECHS: (M0): Turning Lower

*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: 152.04 @ 16:34 BST, Jun 01

*SUP 1: 151.99 - Low Apr 20

*SUP 2: 151.86 - Low Apr 9

*SUP 3: 151.59 - Low Mar 26

JGB futures extended recent weakness Monday, keeping focus on recent support at

152.15/16 and a fall through here will damage the outlook. 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.