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(Z9) Eyeing 133.01 Resistance *RES 4:....>

GILT TECHS
GILT TECHS: (Z9) Eyeing 133.01 Resistance
*RES 4: 134.29 Bear channel top drawn off the Sep 3 high
*RES 3: 133.55 High Oct 11
*RES 2: 133.01 High Oct 31 and key resistance
*RES 1: 132.77 High Nov 26
*PRICE: 132.68 @ Close Nov 26
*SUP 1: 131.77 Low Nov 25
*SUP 2: 131.10 Low Nov 22 and key near-term support
*SUP 3: 130.86 Low Nov 13
*SUP 4: 130.49 Low Nov 8 and bear trigger
Z9 Gilt traded higher Tuesday. Futures have pushed through resistance at 132.28,
Nov 20 high and this has reinstated a S/T bullish outlook that opens resistance
at 133.01, Oct 31 high. Momentum studies are firmer too reinforcing the current
trending conditions. The 133.01 level is also part of a congestive band of
resistance that, if cleared would pave the way for strength towards 133.55
initially. Key support lies at 131.10. Initial support is at 131.77.

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