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(H0) Bullish Trend Conditions Intact.....>

GILT TECHS
GILT TECHS: (H0) Bullish Trend Conditions Intact
*RES 4: 136.25 2.618 projection of Jan 2 - Jan 6 rally from Jan 9 low
*RES 3: 136.00 Round number resistance
*RES 2: 135.49 2.236 projection of Jan 2 - Jan 6 rally from Jan 9 low
*RES 1: 135.28 High Jan 28
*PRICE: 134.89 @ Close Jan 29
*SUP 1: 134.43 Low Jan 28
*SUP 2: 133.55 Low Jan 23 and 24
*SUP 3: 133.04 Low Jan 16 and low Jan 21 and key near-term support
*SUP 4: 132.58 Low Jan 15
H0 Gilt has found support at Tuesday's low. Attention is back on the recent high
of 135.28. Pullbacks are viewed as a correction following sharp gains since Jan
9. Bullish trend conditions though have been in place since the Dec 13 low of
130.45 and scope is seen for further upside with the focus on 135.49 next, a
Fibonacci projection. A 135.28 break, Jan 28 high would confirm a resumption of
the uptrend. Support lies at 134.43.

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