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Gilt Futures Are Approaching A Key Retracement Level

  • Gilt futures path of least resistance remains down.
  • The downtrend continues to accelerate as an impulsive sell-off drags prices lower.
  • The move down has exposed the next key retracement of the 1990 - 2020 major bull leg, at 91.47. This is the 76.4% retracement level.

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