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(Z18) Sticks To Neutral *RES 4: 150.62....>

JGB TECHS
JGB TECHS: (Z18) Sticks To Neutral
*RES 4: 150.62 - 100-DMA (Continuation chart)
*RES 3: 150.58 - High Aug 22
*RES 2: 150.45 - 50-DMA (Continuation chart)
*RES 1: 150.38 - 50% 151.00-149.75
*PRICE: 150.24 @ 16:45 GMT, Oct 19
*SUP 1: 149.75 - Spike Low Aug 2
*SUP 2: 149.65 - Spike Low Jul 7, 17 (Continuation chart)
*SUP 3: 149.38 - Spike Low Dec 2, 16 (Continuation chart)
*SUP 4: 149.28 - Spike Low Feb 3, 17 (Continuation chart)
The 50-dma has grown in importance and frustrated bulls having failed to close
above on 2 seperate attempts this week. As such, 150.26 becomes key resistance
and will need to be broken to extend the October recovery. This would prompt
attention to turn to the 150.38 Fib level. 149.95 remains the base for JGB
futures for now, which should continue to provide some modest support. A break
below 149.95 would open the Aug 2 spike low at 149.75 and 149.65 below there.

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