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(H9) Bouncing Off Key Support *RES 4:....>

GILT TECHS
GILT TECHS: (H9) Bouncing Off Key Support
*RES 4: 125.64 High May 29 (continuation chart) 
*RES 3: 124.49 High Feb 14 
*RES 2: 124.00 High Feb 27 
*RES 1: 123.49 High Feb 28 
*PREVIOUS CLOSE: 123.36 
*SUP 1: 122.80/94/98 Uptrend support from Nov 8 low/Low Mar 1/200-dma 
*SUP 2: 122.64 Low Jan 28 
*SUP 3: 122.36 Low Jan 22 
*SUP 4: 122.15 Low Jan 18 
Gilt futures bounced off of a key support area yesterday which marks uptrend
support and the 200-dma. Bulls now look to overcome the Feb 28 and Feb 27 highs
at 123.49 and 124.00. Above here would shift the focus to the Feb 14 high at
124.49. To reignite downside momentum we would need to see a close below the
122.80/4/98 which holds uptrend support from the Nov 8 low, Friday's low and the
200-dma. Below here would open the Jan 28 low at 122.64. 

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