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(H9) 200-DMA Support Holds For Now.......>

GILT TECHS
GILT TECHS: (H9) 200-DMA Support Holds For Now
*RES 4: 125.64 High May 29 (continuation chart) 
*RES 3: 124.49 High Feb 14 
*RES 2: 124.00 High Feb 27 
*RES 1: 123.49 High Feb 28 
*PREVIOUS CLOSE: 123.07 
*SUP 1: 122.80/89/96 Uptrend support from Nov 8 low/Low Mar 1/200-dma 
*SUP 2: 122.64 Low Jan 28 
*SUP 3: 122.36 Low Jan 22 
*SUP 4: 122.15 Low Jan 18 
Gilt futures continue to hold above a key support area but the lack of upside
momentum keeps the focus lower. Bears target the 122.80/89/96 area which holds
uptrend support from the Nov 8 low, Friday's low and the 200-dma. Below here
would open the Jan 28 low at 122.64. To improve the outlook bulls need to take
out Thursday's high at 123.49 and Wednesday's high at 124.00. Above here would
shift the focus to the Feb 14 high at 124.49.

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