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(U18) Focus Remains on Downside *RES 4:...>

JGB TECHS
JGB TECHS: (U18) Focus Remains on Downside
*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: 150.08 @ 18:13 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)
Attempts to rebound are being limited by the 150.17 level, keeping the focus on
the downside for the JGB. Intraday support is placed at 150.03, but a break
below will return the focus to 149.95. Below 149.95 will trigger a bearish
signal, opening the way for a decline towards the 149.78 cycle lows. While gains
above 150.24 would provide some near-term stability an impulsive break above
150.420 is still needed to generate a more conclusive bullish signal

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