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(H9) Stuck In Range *RES 4: 129.11.......>

GILT TECHS
GILT TECHS: (H9) Stuck In Range
*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: 123.93 
*SUP 1: 123.53 Low Feb 21 
*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 lower yesterday but remain stuck within their three week
range. Bulls need to take out the Feb 14 high at 124.49 to open a return to the
May 29 high at 125.64. To shift the outlook negative, bears need to take out the
Feb 21 low at 123.53, with a break below here suggesting a potential bearish
reversal down towards the Feb 4 low at 122.98.

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