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(Z18) Potential Bearish Reversal *RES....>

GILT TECHS: (Z18) Potential Bearish Reversal
*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: 123.11 High Aug 17 
*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) 
Yesterday's early gains were more than given back as the Dec-18 Gilt contract
closed weak on the day to return the focus to the downside. The first downside
target is the Sep 3 low at 122.19 and a break below here would target the Aug 2
lows. A close above the Aug 17 high of 123.11 is needed for the bulls to
re-establish the uptrend. 

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