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(H9) Bears Need To Take Out 123.75.......>

GILT TECHS
GILT TECHS: (H9) Bears Need To Take Out 123.75
*RES 4: 129.11 High Sep 8, 2017 (continuation chart) 
*RES 3: 126.52 High Dec 15, 2017 (continuation chart) 
*RES 2: 125.64 High May 29 (continuation chart) 
*RES 1: 124.49 High Feb 14 
*PREVIOUS CLOSE: 124.03 
*SUP 1: 123.75 Low Feb 13 
*SUP 2: 122.98 Low Feb 4 
*SUP 3: 122.15 Low Jan 18 
*SUP 4: 121.73 Low Nov 22, downtrend support (continuation chart) 
Gilt futures edged back from multi month highs seen last Thursday giving bears
an opportunity for a push back below Wednesday's low at 123.75. A close below
here would lend weight to a bearish reversal opening the Feb 4 low at 122.98.
Thursday's high at 124.49 remains the target for the bulls. A close above here 
would open a return to the May 29 high at 125.64. 

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