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(U9) 130.95 break would end recent.......>

GILT TECHS
GILT TECHS: (U9) 130.95 break would end recent consolidation
*RES 4: 131.53 High Sep 7, 2016 on continuation charts
*RES 3: 131.08 High May 31 (continuation)
*RES 2: 131.25 U9 Bollinger band 2% top
*RES 1: 130.95 u9 contract high June 25
*PRICE: 130.85 @ Close June 25
*SUP 1: 129.98 Low Jun 19
*SUP 2: 129.80 Low June 12 and key support
*SUP 3: 129.52 Low Jun 4
*SUP 4: 129.21 Low May 30
U9 Gilt remains in an uptrend. Yesterday's activity probed the Jun 18 high
printing a contract high of 130.95. This level marks key resistance for today. A
clear break would not only confirm a resumption of the uptrend, it would also
signal an end to the consolidation that has dominated since Jun 7 paving the way
for a move towards 131.00 and beyond. On the downside, initial support lies at
129.98 which needs to holds to maintain the current positive outlook for bulls.

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