(M9) Bearish Break *RES 4: 130.12 High...>

GILT TECHS: (M9) Bearish Break

*RES 4: 130.12 High June 14, 2017 (continuation chart) 

*RES 3: 129.22 High Sep 8 2017 (continuation chart) 

*RES 2: 126.52 High Dec 15 2017 (continuation chart) 

*RES 1: 129.74 High March 25 

*PRICE: 128.78 @ Close Apr 1

*SUP 1: 128.28 Low Mar 22 

*SUP 2: 127.97 Low Mar 21 

*SUP 3: 127.72 High Mar 20 

*SUP 4: 126.47 Low Mar 13 

Gilt futures broke below the 129 level and Friday's low yesterday to shift the

near term outlook negative. The initial downside target comes in at the March 22

low at 128.28 with a break below here opening the March 21 low at 127.97. Bulls

need to recover 129 to shift the focus back to the March 25 high at 129.74.

Above here would suggest a return to the Dec 15 2017 high on the continuation

chart.