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(M9) Holding Above Friday's Low *RES.....>

GILT TECHS
GILT TECHS: (M9) Holding Above Friday's Low
*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: 128.16 @ Close Apr 9 
*SUP 1: 127.78/72 Low Apr 5/High Mar 20 
*SUP 2: 127.44 50-dma 
*SUP 3: 127.16 Low Mar 20 
*SUP 4: 126.47 Low Mar 14 
Gilt futures tested but held above Friday's low yesterday to keep the near term
outlook neutral. A break above the April 3 high is now 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 127.44. 

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