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(M18) Rally Aiming For A 122.94-123.05...>

GILT TECHS
GILT TECHS: (M18) Rally Aiming For A 122.94-123.05 Return
*RES 4: 123.37 Jan 2 low, now resistance
*RES 3: 123.03/05 Apr 4 high, 1% volatility band
*RES 2: 122.94 May 4 high 
*RES 1: 122.85 Intraday high
*PRICE: 122.84 @0806GMT 
*SUP 1: 122.32 May 23 high, now support
*SUP 2: 122.15/17 Hourly congestion May 23-24
*SUP 3: 121.93/00 May 21 high, intraday low
*SUP 4: 121.63/71 Opening gap May 22-23
*COMMENTARY* Has continued to post gains today, assisted initially by the rise
through 122.33 resistance. This has been followed by a further rally through the
next 122.46-122.50 barrier. A high so far on the day of 122.85, as we move
toward the next region of note between 122.94-123.05. Support has risen to
122.32, although the 122.17-121.93 area currently looks a lot stronger below.

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