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(U18) Corrective rebound Remains..........>

JGB TECHS
JGB TECHS: (U18) Corrective rebound Remains Limited
*RES 4: 150.85 - 21-DMA
*RES 3: 150.83 - 55-DMA
*RES 2: 150.79 - High July 25
*RES 1: 150.24 - Spike low Jul 31
*PRICE: 150.03 @ 18:23 GMT
*SUP 1: 149.65 - Spike Low Jul 7, 17 (Continuation chart)
*SUP 2: 149.38 - Spike Low Dec 2, 16 (Continuation chart)
*SUP 3: 149.28 - Spike Low Feb 3, 17 (Continuation chart)
*SUP 4: 148.65 - High Jan 19, 15 (Continuation chart)
The JGB is struggling to maintain upward momentum. The rebound has failed to
overcome initial resistance at 150.23/24, leaving a corrective structure in
place. The lack of impulsiveness in the recovery and bearish momentum signals
leave the JGB vulnerable to renewed downward pressure. A break below 149.95 will
trigger a renewed bearish signal, opening the way for a decline back to the
149.78 cycle lows. Gains above 150.24 would provide some near-term stability.

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