(H19) Bears Keep Focus On Dec 13 Lows....>

GILT TECHS: (H19) Bears Keep Focus On Dec 13 Lows

*RES 4: 127.00 Inverse head-and-shoulders target (continuation chart) 

*RES 3: 126.52 High Dec 15, 2017 (continuation chart) 

*RES 2: 125.64 High May 29 (continuation chart) 

*RES 1: 124.41 High Dec 10 

*PREVIOUS CLOSE: 123.13 

*SUP 1: 122.98 Low Dec 13 

*SUP 2: 121.72 Low Nov 22 

*SUP 3: 121.12 Low Nov 8 (continuation chart) 

*SUP 4: 120.10 High Oct 8 (continuation chart) 

Gilt futures continue to be drawn to the 123 area with the Dec 13 low at 122.98

acting as key support. Below here would shift the outlook bearish and suggest a

topping pattern is in play, opening the Nov 22 lows at 121.78. Bulls need a

break above the Dec 10 high at 124.41 to reignite upside momentum and open the

May 29 peak on the continuation chart.