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(Z9) Trend Conditions Remain Bearish.....>

GILT TECHS
GILT TECHS: (Z9) Trend Conditions Remain Bearish
*RES 4: 133.55 High Oct 11
*RES 3: 133.01 High Oct 31 and key near-term resistance
*RES 2: 132.32 High Nov 4
*RES 1: 131.91 High Nov 6
*PRICE: 130.97 @ Close Nov 8
*SUP 1: 130.49 Low Nov 8
*SUP 2: 130.39 1.000 projection of Sep 3 - Sep 13 decline off Oct 8 high
*SUP 3: 130.00 Round number support
*SUP 4: 1.2925 1.236 projection of Sep 3 - Sep 13 decline off Oct 8 high
Z9 Gilt retains a weaker tone following the recent rejection off 133.01, Oct 31
high and last weeks sell-off. 133.01 marks the key trend resistance for now
where a break is needed to signal a reversal and open 133.55, Oct 11 high. Until
then, the focus is on continued weakness. Former key support at 130.80, Oct 17
low has been cleared, this paves the way for 130.39 next and the 130.00 handle.
Resistance is at 131.91.

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