(Z9) Bullish Focus Returns *RES 4:.......>

GILT TECHS: (Z9) Bullish Focus Returns

*RES 4: 135.24 High Oct 18 and key resistance

*RES 3: 134.67 High Oct 10

*RES 2: 133.55 High Oct 11 and key near-term resistance

*RES 1: 133.01 High Oct 31

*PRICE: 132.84 @ Close Oct 31

*SUP 1: 131.58 Low Oct 29 and key near-term support

*SUP 2: 130.98 Low Oct 23

*SUP 3: 130.80 Low Oct 17 and bear trigger

*SUP 4: 130.39 1.000 projection of Sep 3 - Sep 13 decline off Oct 8 high

Z9 Gilt was firmer again yesterday and did manage a high print above resistance

at 132.93, Oct 24 high. The test above this level reinstates a bullish theme

having defined support at 131.58 and failing to retest the key support at

130.80, Oct 17 low. Momentum studies are firmer too. A continued push higher

would open 133.55, Oct 11 high. On the downside, a break of 131.58, Oct 29 low

is required to reinstate a bearish threat.