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(U18) Bearish Reversal Potential *RES...>

GILT TECHS: (U18) Bearish Reversal Potential 
*RES 4: 127.00 Measured move from triangle breakout 
*RES 3: 124.67 High May 29 
*RES 2: 124.27 High July 20 
*RES 1: 124.00 Triangle resistance from May 29 high 
*SUP 1: 123.55 Low Aug 15 
*SUP 2: 123.10 21-DMA 
*SUP 3: 122.62 Low Aug 7 
*SUP 4: 122.26 Low Aug 3 
Sep-18 Gilt futures have failed to break above triangle resistance from the May
29 high and Friday's price action showed bulls are losing momentum. A close
below the August 15 low of 123.55 would add weight to the bearish case, allowing
a run at the 21-DMA at 123.10. A break below here would put bears firmly in
charge once again. Bulls need to overcome 124.00 to keep the uptrend alive. 

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