(U9) New contract high confirms..........>

GILT TECHS: (U9) New contract high confirms resumption of bull trend

*RES 4: 131.53 High Sep 7, 2016 on continuation charts

*RES 3: 131.25 U9 Bollinger band 2% top

*RES 2: 131.08 High May 31 (continuation)

*RES 1: 130.92 High June 18

*PRICE: 130.76 @ Close June 18

*SUP 1: 130.04 Low Jun 17

*SUP 2: 129.80 Low June 12 and key trend support

*SUP 3: 129.52 Low Jun 4

*SUP 4: 129.21 Low May 30

U9 Gilt cleared 130.68 yesterday confirming a resumption of the bull trend

following the recent period of consolidation. The focus is now on the potential

for a move through 131.00. Looking at the 14-period RSI, bearish divergence

between price and momentum has developed. This is a condition that will be

monitored, however it will only become relevant once bearish price patterns

develop. For now, the focus remains on the upside.