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(Z18) On A Tear *RES 4: 126.52 High......>

GILT TECHS
GILT TECHS: (Z18) On A Tear
*RES 4: 126.52 High Dec 15, 2017 (continuation chart) 
*RES 3: 125.64 High May 29 (continuation chart) 
*RES 2: 124.27 High Jul 17 (continuation chart) 
*RES 1: 123.14 High Oct 26 
*PREVIOUS CLOSE: 122.88 
*SUP 1: 120.55 55-dma 
*SUP 2: 120.96 21-dma 
*SUP 3: 120.00 Support 
*SUP 4: 119.36 Low Oct 10 
Gilt futures took out the Aug 17 contract high on Friday as the rally continues
to gain steam. The next upside target comes in at 124.27 on the continuation
chart, marking the Jul 17 high, above which opens the May 29 spike high at
125.64. Bears need to break back below the 55-dma, currently at 121.55, to shift
the outlook neutral, and break back below the 21-dma at 120.96 to turn the
outlook bearish.

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