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(M0) Bullish Theme Remains In Place......>

GILT TECHS
GILT TECHS: (M0) Bullish Theme Remains In Place
*RES 4: 139.84 High Mar 9
*RES 3: 138.22 High Mar 10
*RES 2: 138.15 High Mar 12
*RES 1: 137.45 High Apr 24 and the bull trigger
*PRICE: 137.10 @ Close Apr 29
*SUP 1: 135.93 Low Apr 23
*SUP 2: 135.77 50-day EMA
*SUP 3: 135.53 Low Apr 7 and key near-term support
*SUP 4: 135.30 Low Mar 31
Gilt futures on Apr 24 probed key resistance at 137.31, Mar 30 high to print a
high of 137.45. This latter level marks the initial bull trigger where a break
is required to signal a resumption of strength and confirm a clear breakout of
the recent period of consolidation. This would open 138.00 and 138.15, Mar 12
high and also signal scope for a climb towards the 139.84 contract high from Mar
9. Initial firm support is 135.93, Apr 23 low.

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