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(Z18) Bears In Control *RES 4: 123.11....>

GILT TECHS
GILT TECHS: (Z18) Bears In Control
*RES 4: 123.11 High Aug 17 
*RES 3: 122.74 High Sep 4 
*RES 2: 122.52 High Sep 6 
*RES 1: 121.95 High Sep 12 
*PREVIOUS CLOSE: 121.57
*SUP 1: 121.23 Low Aug 1 
*SUP 2: 120.88 Low June 11 
*SUP 3: 119.61 Low May 22 
*SUP 4: 119.23 Low May 17 
Despite closing a fair way off its lows on Friday Dec-10 Gilt futures continue
to look bearish, having still managed to close below the Aug 29 low at 121.59.
The Aug 1 low at 121.33 is the next level of support and below here would
suggest a long-term topping pattern is in play. Bulls need to recover the Sep 12
high at 121.95 to take the pressure off and the Sep 6 high at 122.52 to shift
the outlook back to neutral and target the Sep 4 high of 122.74. 

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