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(Z18) Bulls Need To Overcome Sep 21......>

GILT TECHS
GILT TECHS: (Z18) Bulls Need To Overcome Sep 21 Highs
*RES 4: 122.74 High Sep 4 
*RES 3: 122.52 High Sep 6 
*RES 2: 121.95 High Sep 12 
*RES 1: 121.35 High Sep 21 
*PREVIOUS CLOSE: 120.89 
*SUP 1: 120.89 June May 17 (continuation chart) 
*SUP 2: 120.73 Low April 25 (continuation chart) 
*SUP 3: 120.13 Low Feb 15 (continuation chart) 
*SUP 4: 118.93 Low April 26, 2016 (continuation chart) 
The downtrend in Dec-18 Gilt futures remains in place but yesterday's strong
close has improved the near-term outlook bringing the Sep21 high of 121.35 into
play. A break above here is needed to shift the outlook back to neutral and open
up the Sep 12 highs. Bears look for a close below Tuesday's low of 120.35 to
extend the downtrend. 

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