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(Z18) Giving Back Some Gains *RES 4:.....>

GILT TECHS
GILT TECHS: (Z18) Giving Back Some Gains
*RES 4: 125.64 High May 29 (continuation chart) 
*RES 3: 124.27 High July 20 (continuation chart) 
*RES 2: 124.07 High Aug 17 (continuation chart) 
*RES 1: 123.59 High Sep 4 (continuation chart) 
*PREVIOUS CLOSE: 122.84 
*SUP 1: 121.57 High Nov 9 
*SUP 2: 121.12 Low Nov 8 
*SUP 3: 120.10 High Oct 8 
*SUP 4: 119.81 Low Oct 12 
Gilt futures gave back some of Thursday's gains on Friday to close back below
the 123 level. Bears need to break below 121.57 to regain the initiative,
opening the Nov 8 low at 121.12. However, bulls remain in charge for now, with
the next upside target coming in at the Sep 4 high on the continuous chart ahead
of the Aug 17 high at 124.07. 

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