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(Z9) Bearish threat returns *RES 4:......>

GILT TECHS
GILT TECHS: (Z9) Bearish threat returns
*RES 4: 136.00 Round number resistance
*RES 3: 135.90 Contract high Sep 4
*RES 2: 134.79 High Sep 9
*RES 1: 134.12 High Sep 6
*PRICE: 132.91 @ Close Sep 9
*SUP 1: 132.43/44 Low Aug 23 / Low Sep 5
*SUP 2: 132.39 50-day EMA
*SUP 3: 132.00 Round number support
*SUP 4: 131.90 0.618 projection of Sep 3 - Sep 5 decline from Sep 6 high
Z9 Gilt yesterday reversed Friday's bullish price action and attention turns to
the bearish threats that exist following last weeks price decline. Friday's
bullish engulfing reversal has been negated. The key level that needs to be
cleared to trigger an extension lower is 132.43, the low of Aug 23. 132.39 is
where the 50-day EMA intersects. A break of these levels would pave the way for
a move towards 131.90 and 130.52 potentially. Resistance is at 134.12.

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