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(Z18) Bulls Hit Pause *RES 3: 152.43 -....>

JGB TECHS
JGB TECHS: (Z18) Bulls Hit Pause
*RES 3: 152.43 - High Sep 28 2016
*RES 2: 152.20 - 61.8% 154.00-149.28
*RES 1: 152.04 - High Nov 9 2016
*PRICE: 151.76 @ 16:42 GMT, Dec 6
*SUP 1: 150.47/33 - 100-/50-DMA
*SUP 2: 149.75 - Spike Low Aug 2
*SUP 3: 149.65 - Spike Low Jul 7, 17 (Continuation chart)
Prices retreated somewhat after touching 151.82, but it's certainly too soon to
call an end to the current strong run for bulls. It may now be prudent to watch
the 200- and 50-dmas for the formation of a golden cross to signal the next
buying opportunity. At writing, the 50-dma lies just 6 ticks shy of the 200-dma.
Other technical indicators continue to point higher, with the longer-term
targets holding in the mid-152s. Key support next kicks in at the 200- and
100-dmas at 150.69 and 150.52.

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