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(M9) Rally Extends *RES 4: 132.98 High...>

GILT TECHS
GILT TECHS: (M9) Rally Extends
*RES 4: 132.98 High Aug 31, 2016 
*RES 3: 131.51 High Sep 27, 2016 
*RES 2: 131.00 Resistance 
*RES 1: 130.37 High May 28 
*PRICE: 130.22 @ Close May 28 
*SUP 1: 129.63 Low May 24 
*SUP 2: 128.19 Low May 21 
*SUP 3: 127.73 Low May 8 
*SUP 4: 128.39/08 21-dma/55-dma 
The rally in Gilt futures shows no sign of ending with the market reopen seeing
the rally extend as high as 130.37. Bulls now look to take out this level to put
the focus on 131.00 ahead of the Sep 27, 2016 high at 131.51 on the continuation
chart. Bears need a break back below Friday's low at 129.63 to stabilise the
outlook while a break below the May 21 low at 128.19 would suggest a potential
downside reversal.

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