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(Z9) Probes retracement level *RES 4:....>

GILT TECHS
GILT TECHS: (Z9) Probes retracement level
*RES 4: 134.94 Low Sep 9 and gap high
*RES 3: 134.76/79 76.4% of Sep 3 - Sep 13 decline / High Sep 4
*RES 2: 134.79 High Sep 4
*RES 1: 134.21 High Sep 25
*PRICE: 133.84 @ Close Sep 25
*SUP 1: 133.12 Low Sep 24
*SUP 2: 132.55 Low Sep 23
*SUP 3: 132.05 Low Sep 19
*SUP 4: 131.73 Low Sep 17
Z9 Gilt future pushed higher again yesterday extending the strong performance
this week. Resistance at 134.12, Sep 6 high has been breached and 61.8% of the
decline between Sep 3 - Sep 13, at 134.05 probed. This further cements the
bullish nature of the recent recovery and attention turns to the 134.76, 76.4%
retracement level. The Sep 4 high is 134.79. A break of these resistance levels
would open the 135.90 contact high. Support lies at 133.12 and 132.55.

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