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(H0) Somewhat More Neutral For Now.......>

GILT TECHS
GILT TECHS: (H0) Somewhat More Neutral For Now
*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: 131.93 High Jan 7
*PRICE: 131.56 @ Close Jan 8
*SUP 1: 131.17 Low Jan 8
*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 found resistance at Monday's high. The recent focus has been on the
potential for gains following the strong rebound late last week. However given
the price action this week, clearance of Monday's high at 132.62 is required to
signal a more convincing bullish development. This would open 133.00 and 133.35
next. On the downside, initial support is seen at yesterday's 131.17 low where a
break would instead reopen 130.63 and 130.45.

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