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(H9) Potential Double Top Formation......>

GILT TECHS
GILT TECHS: (H9) Potential Double Top Formation
*RES 4: 127.00 Inverse head-and-shoulders target (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 
*PREVIOUS CLOSE: 122.81 
*SUP 1: 122.56 55-dma 
*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 saw their selloff extend below the Dec 21 low at 122.66 yesterday,
touching the 55-dma at 122.56. Below here would shift the focus to the Nov 22
lows at 121.72 and suggest a double top formation is playing out. On the upside
a move above the mid-Dec highs at 124.45 is needed to open the May 29 peak on
the continuation chart at 125.64.

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