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(H0) Upside Focus *RES 4: 133.35 High....>

GILT TECHS
GILT TECHS: (H0) Upside Focus
*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: 131.69 @ Close Jan 7
*SUP 1: 131.30 Low Jan 7
*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 and did pull back further yesterday.
Despite this, the focus is on the potential for gains following the strong
rebound late last week. The break above resistance at 132.42, Dec 12 high
signals potential for a stronger recovery. Further upside would open 133.00 and
133.35 next. The bull trigger is 132.62, Jan 6 high. Support has been defined at
130.45, Dec 13 low where a break is required to resume a bearish theme.

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