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(H0) Bullish Outlook Maintained *RES.....>

GILT TECHS
GILT TECHS: (H0) Bullish Outlook Maintained
*RES 4: 134.26 1.618 projection of Jan 2 - Jan 6 rally from Jan 9 low
*RES 3: 134.02 1.500 projection of Jan 2 - Jan 6 rally from Jan 9 low
*RES 2: 133.79 1.382 projection of Jan 2 - Jan 6 rally from Jan 9 low
*RES 1: 133.76 High Jan 17
*PRICE: 133.32 @ Close Jan 20
*SUP 1: 133.04 Low Jan 16
*SUP 2: 132.58 Low Jan 15
*SUP 3: 131.94 Low Jan 13
*SUP 4: 131.04 Low Jan 9 and key support
Despite pulling back yesterday, H0 Gilt maintains a firmer tone for now. Futures
traded higher Friday, breaking above resistance at 133.59, Nov 26 high
reinforcing the short-term bullish theme. Continued strength above 133.59 would
pave the way for a climb towards 133.79 and 134.02, both Fibonacci projections.
Initial firm support lies at the Jan 15, 132.58 low. A break of this level would
threaten a deeper pullback.

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