(M9) Continues To Close above 128 *RES...>

GILT TECHS: (M9) Continues To Close above 128

*RES 4: 129.22 High Sep 8 2017 (continuation chart) 

*RES 3: 126.52 High Dec 15 2017 (continuation chart) 

*RES 2: 129.74 High March 25 

*RES 1: 128.66 High April 3 

*PRICE: 128.37 @ Close Apr 10 

*SUP 1: 127.78/72 Low Apr 5/High Mar 20 

*SUP 2: 127.48 50-dma 

*SUP 3: 127.16 Low Mar 20 

*SUP 4: 126.47 Low Mar 14 

Gilt futures saw some renewed upside pressure yesterday allowing another close

above the 128 level and shifting the focus to the April 3 high at 128.66. A

break here is needed to shift the focus back to the March 25 high at 129.74 and

extend the broader rally. On the downside the initial target comes in at

Friday's low/March 20 high at 127.78/72. Below here would extend the selloff

towards the 50-dma at 127.48.