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(U9) Winning streak extends *RES 3:.......>

JGB TECHS
JGB TECHS: (U9) Winning streak extends
*RES 3: 154.20 - 3.0% Upper Bollinger Band
*RES 2: 154.15 - Broken Trendline Resistance
*RES 1: 154.13 - Cycle High
*PRICE: 153.71 @ 12:55 GMT, Jul 23
*SUP 1: 153.42/32 - 50-dma/Weekly Low
*SUP 2: 153.15 - 61.8% 152.54 - 154.13
*SUP 3: 153.10 - 100-dma
JGBs added to recent gains Tuesday, edging to 153.74 and keeping the short-term
outlook positive. The show above the 153.72 mark (50% retracement of recent
pullback) works further in favour of bulls, turning focus back to 154.00 and the
recent cycle highs at 154.13. To the downside, the 50-dma remains a decent level
of support, which will be the first target for bears. A close below that mark
will switch the medium-term trend more bearish, opening the 153.15 mark and
153.06 below.

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