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(H0) Clears Key Resistance *RES 4:.......>

GILT TECHS
GILT TECHS: (H0) Clears Key Resistance
*RES 4: 136.40 138.2% retracement projection of the Jan 30 - Feb 13 decline
*RES 3: 136.06 123.6% retracement projection of the Jan 30 - Feb 13 decline
*RES 2: 136.00 Round number resistance
*RES 1: 135.82 High Feb 26
*PRICE: 135.33 @ Close Feb 26
*SUP 1: 134.61 Low Feb 25
*SUP 2: 133.91 Low Feb 20
*SUP 3: 133.57 Low Feb 19
*SUP 4: 133.22 Low Feb 13 and key support
Gilts held onto their bullish stance yesterday and managed a fresh high print of
135.82 before finding some resistance. Yesterday's activity resulted in a break
of 135.52, Jan 30 high and the bull trigger. Clearance of this level confirms a
resumption of the broader uptrend that has been in place since Dec 13 and paves
the way for a climb towards 136.00 and 136.06. The latter is a Fibonacci
retracement projection. Initial support is seen at Tuesday's low of 134.61.
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