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(Z18) Triple Bottom Suggests Upside......>

GILT TECHS
GILT TECHS: (Z18) Triple Bottom Suggests Upside Potential
*RES 4: 122.74 High Sep 4 
*RES 3: 122.52 High Sep 6 
*RES 2: 121.95 High Sep 12 
*RES 1: 121.59 Low Aug 28, now resistance 
*PREVIOUS CLOSE: 121.44 
*SUP 1: 121.00 Low Oct 2
*SUP 2: 120.35 Low Sep 25 
*SUP 3: 120.89 June May 17 (continuation chart) 
*SUP 4: 120.73 April 25 (continuation chart) 
A triple bottom/inverse head-and-shoulder pattern has formed in Dec-18 Gilts
which suggests strong upside potential. Yesterday's strong close adds weight to
the bullish case as the Aug 28 low at 121.59 acts as the next upside target.
Bears need to break back below yesterday's low at 121.00 to return the outlook
back to neutral, while a break below the Sep 25 low would suggest further
losses. 

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