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(Z18) Bearish Break *RES 4: 121.95.......>

GILT TECHS: (Z18) Bearish Break
*RES 4: 121.95 High Sep 12 
*RES 3: 121.59 Low Aug 28, now resistance 
*RES 2: 121.48 High Oct 2 
*RES 1: 120.56 High Oct 4 
*SUP 1: 118.93 Low April 2016 (continuation chart) 
*SUP 2: 118.75 Bear channel bottom (continuation chart) 
*SUP 3: 117.35 Low Jan 2016 (continuation chart) 
*SUP 4: 114.41 Low July 2015 (continuation chart) 
Dec-18 Gilt futures continue to weaken with Friday's intraday rally losing steam
and giving way to a fresh cycle low below 120. A major bearish reversal pattern
appears to be playing out, leaving bulls in need of a break back above the Oct 4
high at 120.56 to stem the tide. Above here would open the Oct 2 high at 120.56.

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