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(H9) Dec 10 Highs Hold Firm *RES 4:......>

GILT TECHS
GILT TECHS: (H9) Dec 10 Highs Hold Firm
*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: 124.44/45 High Feb 11/Dec 10 
*PREVIOUS CLOSE: 124.05 
*SUP 1: 122.98 Low Feb 4 
*SUP 2: 122.65 100-dma (continuation chart) 
*SUP 3: 122.15 Low Jan 18 
*SUP 4: 121.73 Low Nov 22, downtrend support (continuation chart)
Gilt futures managed to stay clear of the Dec 10 highs yesterday despite coming
within touching distance, which triggered a reversal down though 124. Bears now
look to the Feb 4 low at 122.98 to capitalise on this weakness, below which
would target the 100-dma at 122.65. On the upside a close above the 124.44.45
area would put the focus back on the May 29 spike high at 125.64. 

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