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(Z9) Strong Close Yesterday *RES 4:......>

GILT TECHS
GILT TECHS: (Z9) Strong Close Yesterday
*RES 4: 135.90 Contract high Sep 3 and key resistance
*RES 3: 134.94 Low Sep 9 and gap high
*RES 2: 134.76/79 76.4% of Sep 3 - Sep 13 decline / High Sep 4
*RES 1: 134.56 High Oct 1
*PRICE: 134.50 @ Close Oct 1
*SUP 1: 133.12 Low Sep 24
*SUP 2: 132.69 50-day EMA
*SUP 3: 132.55 Low Sep 23
*SUP 4: 132.05 Low Sep 19
A choppy session for Z9 Gilt yesterday finishing close to the high of the day by
the close. The contract has traded through 134.12, Sep 6 high and 61.8% of the
decline between Sep 3 - Sep 13, at 134.05. Follow through this week would open
the 134.76, 76.4% retracement and increase the likelihood we will see a retest
and potential break of the contract high at 135.90 near-term. Support lies at
133.12, Sep 24 low and 132.55, Sep 23 low.

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