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(H9) Down Trendline Resistance...........>

GILT TECHS
GILT TECHS: (H9) Down Trendline Resistance Overhead
*RES 4: 125.64 High May 29 (continuation chart) 
*RES 3: 124.45 High Dec 10 
*RES 2: 124.19 High Jan 2 
*RES 1: 123.96 Down trendline resistance from Dec 10 high 
*PREVIOUS CLOSE: 123.31 
*SUP 1: 122.15 Low Jan 18 
*SUP 2: 121.72 Low Nov 22 
*SUP 3: 121.12 Low Nov 8 (continuation chart) 
*SUP 4: 120.10 High Oct 8 (continuation chart) 
Gilt futures posted a bullish day yesterday shifting the focus back to the
upside and on down trendline resistance from the Dec 10 high. A break above here
would open the Jan 2 highs at 124.19 ahead of the Dec 10 high at 124.45. Bears
look for a break below the Jan 18 low at 122.15 to open the Nov 22 low at
121.72. 

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