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(M9) Bulls Testing 55-DMA *RES 4:........>

GILT TECHS
GILT TECHS: (M9) Bulls Testing 55-DMA
*RES 4: 126.52 High Dec 15 2017 (continuation chart) 
*RES 3: 129.74 High March 25 
*RES 2: 128.02/37 21-dma / High April 10 
*RES 1: 127.49 55-dma 
*PRICE: 127.36 @ Close Apr 24 
*SUP 1: 126.60/47/44 Low Apr 18/ Low Mar 14/ Low Mar 12 
*SUP 2: 125.55 Low Mar 1 
*SUP 3: 125.31 55-dma (continuation chart) 
*SUP 4: 125.07 High Dec 7 (continuation chart) 
Gilt futures broke below down trendline resistance yesterday after holding above
neckline support to target the 55-dma at 127.49. A break above here would bring
the 21-dma/April 10 high at 128.02/37 into focus ahead of the March 25 high.
Bears focus remains on neckline support at 126.60/47/44 marking the April
18/March 14/March 12 lows. A downside break would open the March 1 low at
125.55. 

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