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(Z9): Clears Key Support *RES 3: 154.73...>

JGB TECHS
JGB TECHS: (Z9): Clears Key Support
*RES 3: 154.73 - High Oct 15
*RES 2: 154.48 - High Nov 4
*RES 1: 153.93 - Intraday high
*PRICE: 153.64 @ 18:52 GMT, Nov 5
*SUP 1: 153.55 - Intraday low
*SUP 2: 153.50 - Broad bear channel base drawn off Sep 4 high
*SUP 3: 153.12 - 1.236 progression of Sep 4 - Sep 17 decline from Sep 25 high
JGB futures have remained under pressure today extending the sharp slide that
began yesterday. The result of today's price action has been a break of the
former key support at 153.62, Sep 17 low. This confirms a resumption of the
broader downtrend that began on Sep 4. The next support lies at 153.50, the base
of a relatively flat broad bear channel drawn off Sep 4 high. A break would open
153.12, a Fibonacci progression. Resistance is at 153.93, today's intraday high.

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