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(Z18) Rally Extends *RES 4: 126.52.......>

GILT TECHS
GILT TECHS: (Z18) Rally Extends
*RES 4: 126.52 High Dec 15, 2017 (continuation chart) 
*RES 3: 124.27 High Jul 17 (continuation chart) 
*RES 2: 123.11 High Aug 17 
*RES 1: 122.74 High Sep 4 
*PREVIOUS CLOSE: 122.37 
*SUP 1: 120.54 55-dma 
*SUP 2: 120.85 21-dma 
*SUP 3: 120.00 Support 
*SUP 4: 119.36 Low Oct 10 
Dec-18 Gilt futures continue their strong rally posting four up days so far this
week. The next upside target comes in at the Sep 4 high at 122.74, above which
the contract high at 123.11 seen on Aug 17 comes into play. Bears need to break
back below the 55-dma, currently at 121.54, to shift the outlook neutral, and
break back below the 21-dma at 120.85 to turn the outlook bearish.

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