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(Z18) Key Resistance In Focus *RES 4:...>

GILT TECHS
GILT TECHS: (Z18) Key Resistance In Focus 
*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: 122.68 High Aug 22, Sep 3 
*PREVIOUS CLOSE: 122.59 
*SUP 1: 122.19 Low Sep 3 
*SUP 2: 121.99 Low Aug 2 (continuation chart)
*SUP 3: 121.33 Low June 12 (continuation chart)
*SUP 4: 120.01 Low May 17 (continuation chart)
The rally form the Aug 29 low continues apace with the Dec-18 Gilt contract
breaking above its 21-dma yesterday. 122.68 is the next upside target and a
break above here would bring into the play the Aug 17 high at 124.07
(continuation chart). Bears must prevent a break above here to keep the
contracting range intact.

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