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(H0) Focus Is On The Key Resistance......>

GILT TECHS
GILT TECHS: (H0) Focus Is On The Key Resistance
*RES 4: 133.35 High Dec 2
*RES 3: 133.00 Round number resistance
*RES 2: 132.62 High Jan 6 and bull trigger
*RES 1: 132.32 High Jan 13
*PRICE: 132.01 @ Close Jan 13
*SUP 1: 131.04 Low Jan 9
*SUP 2: 130.63 Low Jan 2
*SUP 3: 130.45 Low Dec 13 and bear trigger
*SUP 4: 130.00 psychological round number
H0 Gilt was firmer yesterday but did find resistance at the day high. Recent
attention has been on the potential for gains following the strong rebound on
Jan 2. However given last week's price action, a break of 132.62, Jan 6 high is
required to highlight a more convincing bullish development. This would open
133.00 and 133.35 next. On the downside, support is at 131.04, Jan 9 low. A
break would reopen 130.63, Jan 2 low and primary support at 130.45, Dec 13 low.

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