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(Z18) Recovery Intact *RES 4: 124.27.....>

GILT TECHS
GILT TECHS: (Z18) Recovery Intact
*RES 4: 124.27 High Jul 17 (continuation chart) 
*RES 3: 123.15 High Oct 29 
*RES 2: 122.64 High Oct 31 
*RES 1: 122.47 High Nov 12 
*PREVIOUS CLOSE: 122.09 
*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 continue to hold above the Nov 9 high which keeps the recovery
intact and the focus on the Nov 12 high at 122.47, above which would bring the
October highs back into play. Bears need to break below 121.57 to open the Nov 8
low at 121.12 and shift the focus back to the downside. Below here would open
the Oct 16 low at 120.51 ahead of a return to the cycle lows seen on Oct 12.

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