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(M9) Higher Highs *RES 3: 129.74 High....>

GILT TECHS
GILT TECHS: (M9) Higher Highs
*RES 3: 129.74 High March 25 
*RES 2: 129.42 High April 2 
*RES 1: 129.31 High May 17 
*PRICE: 128.95 @ Close May 17 
*SUP 1: 128.50 Low May 16 
*SUP 2: 127.73 Low May 8 
*SUP 3: 127.37/70 55-DMA/21-DMA 
*SUP 4: 127.14 100-DMA 
Gilt futures posted higher highs on Friday keeping the uptrend intact. Bulls
target Friday's high at 129.31 to build upside momentum towards the April 2 high
at 129.42 and the March 25 high at 129.74. To regain the upper hand bears need a
break below Thursday's low at 128.50. Below here would suggest a potential
downside reversal towards the May 8 low at 127.73.

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