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(M9) Neckline Support Remains Under......>

GILT TECHS
GILT TECHS: (M9) Neckline Support Remains Under Pressure 
*RES 4: 126.52 High Dec 15 2017 (continuation chart) 
*RES 3: 129.74 High March 25 
*RES 2: 128.21/37 21-dma / High April 10 
*RES 1: 127.48 55-dma 
*PRICE: 126.84 @ Close Apr 23 
*SUP 1: 126.60/47/44 Low Apr 18/ Low Mar 14/ Low Mar 12 
*SUP 2: 125.55 Low Mar 1 
*SUP 3: 125.31 55-dma (continuation chart) 
*SUP 4: 125.07 High Dec 7 (continuation chart) 
Gilt futures have failed to mount much of a bounce off of neckline support at
126.60/47/44 marking the April 18/March 14/March 12 lows, keeping the focus on
this area. A downside break would open the March 1 low at 125.55. To reignite
upside momentum bulls need to recover the 55-dma at 127.48 which would open the
21-dma/April 10 high at 128.21/37. 

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