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(M0) Pushes Higher *RES 4: 140.00........>

GILT TECHS
GILT TECHS: (M0) Pushes Higher
*RES 4: 140.00 Psychological round number
*RES 3: 139.84 High Mar 9 and the contract high
*RES 2: 138.46 High Mar 9 and gap high on the daily chart
*RES 1: 138.22 High Mar 10 and gap low on the daily chart
*PRICE: 138.08 @ Close May 5
*SUP 1: 136.95 Low Apr 30
*SUP 2: 136.74 Low Apr 27 and key support
*SUP 3: 135.98/93 50-day EMA / Low Apr 23
*SUP 4: 135.53 Low Apr 7
Gilt futures remain bullish and pushed higher yesterday. Price last week
confirmed a break of resistance at 137.45, Apr 24 high confirming a resumption
once again of the uptrend that started on Mar 19. This paves the way for gains
towards 138.22, Mar 10 high and 138.46, Mar 9 low. A print of the latter would
fill a gap on the daily chart. Further out, the focus is on the contract high of
138.89, from Mar 9. Initial support is at 136.95, Apr 30 low.

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