(H9) Bearish Reversal Potential Grows....>

GILT TECHS: (H9) Bearish Reversal Potential Grows

*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: 124.45 High Dec 10 

*PREVIOUS CLOSE: 123.14 

*SUP 1: 122.85 Low Dec 31 

*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) 

Uptrend support from the Nov 23 lows is coming into play at the 123.00 level,

below which would open the Dec 31 low at 122.85, shifting the outlook negative

and targeting the Nov 22 lows at 121.72. A move above the mid-Dec highs at

124.45 is needed to open the May 29 peak on the continuation chart at 125.64.