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(H9) Bears Back In Control *RES 4:.......>

GILT TECHS
GILT TECHS: (H9) Bears Back In Control
*RES 4: 126.52 High Dec 15, 2017 (continuation chart) 
*RES 3: 125.64 High May 29 (continuation chart) 
*RES 2: 124.45 High Dec 10 
*RES 1: 124.00 Down trendline resistance from Dec 10 high 
*PREVIOUS CLOSE: 122.70 
*SUP 1: 122.41 Low Jan 16 
*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 broke below Monday's lows yesterday allowing the bearish trend from
the Jan highs to build. Bears now target a break of yesterday's low to open the
Nov 22 lows at 121.72, below which would trigger a double top formation. Bulls
look to recover the 124 level which marks down trendline resistance from the Dec
10 high. Above here would open a return to the Dec 10 high at 124.45, extending
the broader bullish trend. 

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