Gilts: Support At 110.00/109.95
Jason Sen | Apr 08, 2014 06:21AM ET
Gilts retested March highs at 110.25/32 as we become overbought short term. We topped exactly here with a good chance of profit taking midweek. We look for a test of support at 110.00/109.95. This could hold the downside initially but if we continue lower look for good support at 109.82/80.
It should be worth trying shorts at 110.25/32 with stops above 110.45. On a break higher however look for 110.58/62.
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