(M9) Making New Highs *RES 4: 131.51.....>

GILT TECHS: (M9) Making New Highs

*RES 4: 131.51 High Sep 27 2016

*RES 3: 129.68/88 High May 30 2017/20% retracement of 125.55-127.72

*RES 2: 129.19 High Jun 14 2017

*RES 1: 128.80/82 150% retracement of 125.55-127.72/High Aug 29 2017

*PRICE: 128.61 @ 15:5 Mar 21

*SUP 1: 128.00/97 Up trendline from Oct 26 highs (cont)/Low Mar 21

*SUP 2: 127.72 High Mar 20

*SUP 3: 127.16/06 Low Mar 20/Up trendline from Mar 1

*SUP 4: 126.76 Low Mar 19

The outlook remains bullish for gilt futures after breaking significantly higher

and managing to hold on to gains through Thursday. The 150% retracement of the

recent range comes in at 128.80 ahead of the Aug 29 2017 highs. A break through

this level would see focus turn to the 200% retracement and highs of 2017 at

129.68/88. To the downside, gilt futures need to break through yesterday's low

and the up trendline support at 128.00/97.