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(H9) Close Below 124 Gives Bears The.....>

GILT TECHS
GILT TECHS: (H9) Close Below 124 Gives Bears The Edge
*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: 123.98 
*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) 
Bears now have the near term edge after yesterday's close below the 124 level,
with the initial downside target coming in at the Feb 13 low at 123.75. Below
here would suggest a potential bearish reversal down towards the Feb 4 low at
122.98. The focus for the bulls remains on the Feb 14 high at 124.49. A close
above here would open a return to the May 29 high at 125.64.

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