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(H0) Strong Rebound *RES 4: 133.59.......>

GILT TECHS
GILT TECHS: (H0) Strong Rebound
*RES 4: 133.59 High Nov 26 and key resistance
*RES 3: 133.35 High Dec 2
*RES 2: 133.00 Round number resistance
*RES 1: 132.52 High Jan 3
*PRICE: 132.23 @ Close Jan 3
*SUP 1: 131.97 Low Jan 3
*SUP 2: 130.63 Low Jan 2
*SUP 3: 130.45 Low Dec 13 and bear trigger
*SUP 4: 130.39 1.764 projection of Nov 26 - Dec 3 decline from Dec 4 high
H0 Gilt is firmer following the strong rebound late last week with price action
taking on a more bullish stance. The break above resistance at 132.27, Dec 18
high and 132.42, Dec 12 high signals potential for a stronger near-term
recovery. Further gains would open 133.00 and 133.35 next. On the downside, key
support has been defined at 130.45, Dec 13 low where a break is required once
again resume a bearish theme.

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