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(H19) Below Thursday's Lows Would........>

GILT TECHS
GILT TECHS: (H19) Below Thursday's Lows Would Suggest Bearish Reversal
*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: 123.49
*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) 
Despite Friday's solid gains, the near-term outlook remains neutral with bears
looking to break below Thursday's low of 122.98 to strengthen the case for a
bearish reversal down to the Nov 22 lows. Bulls on the other hand look for a
break above the Dec 10 high at 124.41. Above here brings the May 29 peak into
focus.

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