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(M9) May 8 Levels Define Support And.....>

GILT TECHS
GILT TECHS: (M9) May 8 Levels Define Support And Resistance
*RES 4: 129.74 High March 25 
*RES 3: 128.66 High April 3 
*RES 2: 128.37 High April 10 
*RES 1: 128.33 High May 8 
*PRICE: 127.87 @ Close May 10 
*SUP 1: 127.73 Low May 8 
*SUP 2: 126.85 Low May 3 
*SUP 3: 126.60/47/44 Low Apr 18/ Low Mar 14/ Low Mar 12 
*SUP 4: 125.55 Low Mar 1 
Gilt futures continue to trade within the range set last Wednesday with bulls
looking to the high at 128.33 and bears looking to the low at 127.73. An upside
break would open the April 10 high at 128.37 ahead of the April 3 high at
129.42. A downside break would shift the focus to the May 3 low at 126.85 with a
break below here opening the key neckline support area at 126.40-60

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