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(M9) Bulls Back In Charge *RES 4:........>

GILT TECHS
GILT TECHS: (M9) Bulls Back In Charge
*RES 4: 129.74 High March 25 
*RES 3: 129.42 High April 2
*RES 2: 128.37 High April 10
*RES 1: 127.94 21-dma
*PRICE: 127.62 @ Close Apr 25 
*SUP 1: 127.51 55-dma
*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 have firmed since breaking above down trendline resistance, taking
out the 55-dma yesterday to shift the focus to the 21-dma just ahead at 127.94.
A break above here would bring the April 10 high at 128.37 into focus ahead of
the April 2 high at 129.42. Bears look for a close back below the 55-dma at
127.51 to bring the focus back to neckline support at 126.60/47/44 marking the
April 18/March 14/March 12 lows. 

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