Technical Forecast for Gilt


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


 


Gilts broke July’s low at 111.17 but only as far as 110.99. The daily chart outlook still negative but we are just getting oversold short term so the downside may be a little more limited. However a break below 110.90 could trigger a test of June lows at 110.48/33.


 


Resistance at 111.51/57 could hold the topside but above here look for 111.75/80, possibly 111.93/00 for a selling opportunity.


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


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Posted In: TechnicalsMarketsTrading Ideas