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(U9) Firmer and back in the bull.........>

GILT TECHS
GILT TECHS: (U9) Firmer and back in the bull channel
*RES 4: 133.00 round number resistance
*RES 3: 132.45 High Jul 4 and key bull trigger
*RES 2: 132.28 High Jul 5
*RES 1: 132.11 High Jul 23
*PRICE: 132.08 @ Close Jul 23
*SUP 1: 131.27 Low Jul 19
*SUP 2: 131.05 Low Jul 18
*SUP 3: 130.52 Low Jul 16
*SUP 4: 130.14 Low Jul 12 and key support
U9 Gilt remains firm. Prices have confirmed a move above the former channel base
that yesterday intersected at 131.70. The channel is drawn off the May 21 low
and was breached on Jul 11. With momentum conditions firm too, the focus shifts
to the contract high of 132.45 printed on Jul 4. Clearance of this level would
confirm a resumption of the broader uptrend. On the downside, initial support
lies at 131.27.

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