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(Z9): Outlook Remains Negative *RES 3:....>

JGB TECHS
JGB TECHS: (Z9): Outlook Remains Negative
*RES 3: 155.53 - Cycle High
*RES 2: 155.38 - 2.0% Upper Bollinger Band
*RES 1: 155.26 - High Oct 8
*PRICE: 153.74 @ 15:44 GMT, Oct 29
*SUP 1: 153.62 - Low Sep 17
*SUP 2: 153.52 - 200-dma
*SUP 3: 153.49 - Low Aug 2
After last week's drubbing sent prices well south of the long held support line
drawn from Oct 5 2018, the outlook has shifted materially negative. This keeps
focus on the 200-dma at 153.52, 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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