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(U9) Re-enters Neutral Territory *RES.....>

JGB TECHS
JGB TECHS: (U9) Re-enters Neutral Territory
*RES 3: 154.01 - Jul 28 2016 high
*RES 2: 153.98 - 3.0% Upper Bollinger Band
*RES 1: 153.63 - Cycle High
*PRICE: 153.42 @ 17:03 BST, Jun 11
*SUP 1: 153.32 - 23.6% 152.32 - 153.63
*SUP 2: 152.46 - 2% Lower Bollinger Band
*SUP 3: 152.33 - 6 March Low
Tuesday trade held well within the week's range, doing little to alter the
technical picture. The medium-term trend continues to point higher, with the
3.0% Bollinger band at 153.98 the next level to the upside. The RSI holds below
overbought levels, meaning those looking for higher levels may now have the
opportunity to reload. The upward trend looks solid for now, but the outlook
will worsen should bears take out the 50-dma support at 152.90.

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