(U9) Progress slows *RES 3: 158.42 -......>

JGB TECHS: (U9) Progress slows

*RES 3: 158.42 - Multi-year Up trendline Resistance

*RES 2: 155.86 - 3.0% Upper Bollinger Band

*RES 1: 155.37 - Cycle High

*PRICE: 155.24 @ 14:39 GMT, Aug 30

*SUP 1: 154.44 - 38.2% 154.44 - 155.02

*SUP 2: 154.17 - 50-dma

*SUP 3: 153.57 - 100-dma

JGB futures continue to bump up against the week's best levels but momentum was

lacking Friday for any break to fresh cycle highs. Bullish momentum over the

past fortnight or so still points to a further extension of the major uptrend

towards 155.95 initially. Support remains at 154.87, but a break and close below

Fib support at 154.44 would be needed to favour the bears.