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(U18) Corrective Rebound *RES 4: 150.85...>

JGB TECHS
JGB TECHS: (U18) Corrective Rebound
*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: 150.14 @ 18:47 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 has estab support at 150.06, opening the way for a near-term corrective
rebound within the overall bearish structure. A move above 150.17 gives
potential for recovery to extend towards 150.24 and 150.27, which represents a
50% retracement of the recent sharp decline. Failure below retains the overall
bearish technical picture. Intraday support is at 150.03, but a break below here
will return the focus to 149.95. Below 149.95 triggers a bearish signal

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