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(Z9) Attention Turns To 132.28...........>

GILT TECHS: (Z9) Attention Turns To 132.28 Resistance
*RES 4: 133.55 High Oct 11
*RES 3: 133.01 High Oct 31 and key resistance
*RES 2: 132.32 High Nov 4
*RES 1: 132.28 High Nov 20 and intraday bull trigger
*PRICE: 132.00 @ Close Nov 22
*SUP 1: 131.10 Low Nov 22
*SUP 2: 130.86 Low Nov 13
*SUP 3: 130.49 Low Nov 8 and bear trigger
*SUP 4: 130.39 1.000 projection of Sep 3 - Sep 13 decline off Oct 8 high
Z9 Gilt rebounded sharply Friday. This offsets previous price action on
Wednesday and Thursday that highlighted a potential developing bearish threat.
Attention returns to resistance at 132.28 where a break is required to reinstate
a short-term bullish outlook and open resistance at 133.01, Oct 31 high. On the
downside, support lies at Friday's 131.10 low. A failure to hold onto gains and
a breach of this support would instead be bearish and open 130.49.

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