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(M9) Contract Highs Back In Focus *RES...>

GILT TECHS
GILT TECHS: (M9) Contract Highs Back In Focus
*RES 3: 127.68 High Feb 14 
*RES 2: 127.62 High Feb 22
*RES 1: 127.48 High Mar 7
*PREVIOUS CLOSE: 127.21 
*SUP 1: 126.56.Low Mar 7
*SUP 2: 126.12 Low Mar 6 
*SUP 3: 125.86 Low Mar 5
*SUP 4: 125.55 Low Mar 1 
Gilt futures surged back to their range highs yesterday with the June-19
contract closing in on the Feb 22 high at 127.62. A break above yesterday's high
would allow a challenge of this level, above which would open the Feb 14 ytd
high at 127.68. To neutralise the outlook bears need to break back below
yesterday's low at 126.56 while a break below Wednesday's low at 126.12 would
return the focus back to the downside. 

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