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(Z9): In Rebound Mode *RES 3: 155.57 -....>

JGB TECHS
JGB TECHS: (Z9): In Rebound Mode
*RES 3: 155.57 - 2.0% Upper Bollinger Band
*RES 2: 155.53 - Cycle High
*RES 1: 155.26 - High Oct 8
*PRICE: 154.16 @ 15:50 GMT, Oct 24
*SUP 1: 153.89 - Low Oct 21
*SUP 2: 153.62 - Low Sep 17
*SUP 3: 153.49 - 200-dma, Aug 2 Low
A well held support line drawn from Oct 5 2018 cracked in early trade this week,
raising the risk of a protracted downside correction. This opens the 200-dma at
153.49, with the formation of a death-cross in the 5-/21-/50-dmas also bearish.
Bulls need to reclaim 155.26 before re-targeting the cycle highs.

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