(H19) Dec 13 Lows Hold *RES 4: 127.00....>

GILT TECHS: (H19) Dec 13 Lows Hold

*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: 123.19 

*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 held above the Dec 13 low at 122.98 yesterday, keeping the near

term outlook neutral. Below here would shift the outlook bearish and suggest a

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

other hand look for a break above the Dec 10 high at 124.41 to reignite upside

momentum and open the May 29 peak on the continuation chart.