(M9) Inside Day Keeps Focus Lower *RES...>

GILT TECHS: (M9) Inside Day Keeps Focus Lower

*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: 129.41 High April 2 

*PRICE: 128.09 @ Close Apr 8 

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

*SUP 2: 127.40 50-dma 

*SUP 3: 127.16 Low Mar 20 

*SUP 4: 126.47 Low Mar 14 

Gilt futures posted an inside day yesterday which keeps the focus on the

downside with the initial target coming in at Friday's low/March 20 high at

127.78/72. Below here would extend the selloff towards the 50-dma at 127.40.

Bulls need to recover the April 2 high at 129.41 to shift the focus back to the

March 25 high at 129.74 and extend the broader rally.