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(H0) Remains Under Pressure For Now......>

GILT TECHS: (H0) Remains Under Pressure For Now
*RES 4: 133.59 High Nov 26 and key resistance
*RES 3: 133.56 High Nov 27
*RES 2: 133.35 High Dec 2
*RES 1: 132.27 High Dec 9
*PRICE: 131.96 @ Close Dec 9
*SUP 1: 131.62 Low Dec 5
*SUP 2: 131.29 1.236 projection of Nov 26 - Dec 3 decline from Dec 4 high
*SUP 3: 131.04 1.382 projection of Nov 26 - Dec 3 decline from Dec 4 high
*SUP 4: 131.00 Round number support
H0 Gilt remains under pressure near-term following the slide last week that
started off the 133.35 high on December 4. The move lower has cleared support at
131.82, Nov 22 low paving the way for a deeper decline. The focus is on an
extension towards 131.34 and 131.09, both Fibonacci projection levels. Initial
resistance is at yesterday's 132.27 high. A move above 133.35, Dec 4 high
however is required to reinstate a bullish theme.

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