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(M0) 139.84 High Remains Intact For......>

GILT TECHS
GILT TECHS: (M0) 139.84 High Remains Intact For Now
*RES 4: 140.47 1.618 projection of Jan 9 - Jan 30 rally from Feb 13 low (cont)
*RES 3: 140.00 Round number resistance
*RES 2: 139.84 High Mar 9 and bull trigger
*RES 1: 138.22 High Mar 10
*PRICE: 137.27 @ Close Mar 12
*SUP 1: 136.49 Low Mar 10
*SUP 2: 135.84 20-day EMA
*SUP 3: 135.81 Low Mar 5
*SUP 4: 135.02 Low Mar 3
Gilt futures are still trading below Monday's 139.84 high following the sharp
pullback Tuesday. The strong uptrend has been in overbought territory for some
time and the focus near-term is on the potential for a much needed correction.
Attention is on Tuesday's 136.49 low where a break would open the support area
highlighted by the 20-day EMA of 135.84. Initial resistance is 138.22, Tuesday's
high.

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