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(Z9) Support Lies At 131.32 *RES 4:......>

GILT TECHS
GILT TECHS: (Z9) Support Lies At 131.32
*RES 4: 133.55 High Oct 11
*RES 3: 133.01 High Oct 31 and key resistance
*RES 2: 132.32 High Nov 4
*RES 1: 132.28 High Nov 20 and intraday bull trigger
*PRICE: 131.72 @ Close Nov 20
*SUP 1: 131.32 Low Nov 18 and intraday key support
*SUP 2: 130.86 Low Nov 13
*SUP 3: 130.49 Low Nov 8 and bear trigger
*SUP 4: 130.39 1.000 projection of Sep 3 - Sep 13 decline off Oct 8 high
Z9 Gilt was firmer yesterday however futures stalled at the day high to close
near session lows. For now, the near-term outlook remains positive however in
order to signal potential for a stronger recovery, prices need to get back above
former resistance at 131.91, Nov 6 high and more importantly yesterday's 132.28
high. A breach would open the key resistance area of 133.01, Oct 31 high.
Support lies at 131.32, Nov 18 low. A break would instead expose 130.49.

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