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Peso Loses Some Altitude

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Coronavirus Cases Drop To Two-Month Low

GILT TECHS
GILT TECHS: (H9) Dec Highs Under Pressure
*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: 124.45 High Dec 10 (continuation chart) 
*PREVIOUS CLOSE: 124.40 
*SUP 1: 122.98 Low Feb 4 
*SUP 2: 122.62 100-dma (continuation chart) 
*SUP 3: 122.15 Low Jan 18 
*SUP 4: 121.73 Low Nov 22, downtrend support (continuation chart) Gilt futures
are honing in on the key Dec 10 highs at 124.45, a break of which would put the
focus back on the May 29 spike high at 125.64. On the downside bears need to
break below Monday's low at 122.98 to garner traction and target the 100-dma at
122.62.