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(M9) April Highs Back In Focus *RES.....>

GILT TECHS
GILT TECHS: (M9) April Highs Back In Focus 
*RES 4: 129.74 High March 25
*RES 3: 128.66 High April 3 
*RES 2: 128.37 High April 10 
*RES 1: 127.91 High April 29 
*PRICE: 127.70 @ Close May 2
*SUP 1: 126.94 Low Apr 30 
*SUP 2: 126.60/47/44 Low Apr 18/ Low Mar 14/ Low Mar 12 
*SUP 3: 125.55 Low Mar 1 
*SUP 4: 125.00 Low Jan 16 
Gilt futures took out their 21-dma yesterday to open the April 29 high at
127.91. A break above here would open the April 10 high at 128.37 ahead of the
April 2 high at 129.42. On the downside Tuesday's low at 126.94 is the initial
downside target, below which lies neckline support at 126.60/47/44 marking the
April 18/March 14/March 12 lows. 

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