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(H19) Stabilising *RES 4: 127.00.........>

GILT TECHS
GILT TECHS: (H19) Stabilising
*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
*PRICE: 124.10 @ 16:45GMT Dec13
*SUP 1: 123.14 Low Dec 7
*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)
After a dire session Wednesday resulted in a bearish reversal Gilt futures
stabilised slightly Thursday, but it's clear the bears remain in control for
now. This keeps the focus on 123.14 and a move below here would strengthen the
case for a bearish reversal down to the Nov 22 lows. On the upside, Monday's
high at 124.41 acts as resistance. Above here brings the May 29 peak into focus.

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