(Z9) Pullback Exposes 131.58 Support.....>

GILT TECHS: (Z9) Pullback Exposes 131.58 Support

*RES 4: 135.24 High Oct 18 and primary resistance

*RES 3: 134.67 High Oct 10

*RES 2: 133.55 High Oct 11

*RES 1: 133.01 High Oct 31 and key near-term resistance

*PRICE: 131.83 @ Close Nov 4

*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 retains a weaker tone for now following the recent rejection off 133.01,

Oct 31 high. This level marks key resistance where a break would signal a

reversal and open 133.55, Oct 11 high. Clearance of 133.55 would target 135.24,

Oct 8 high. On the downside, clearance of 131.58, Oct 29 low is required to

instead reinstate a bearish threat. This would revert attention back to key

support 130.80, Oct 17 low.