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(M9) Upside Break *RES 4: 129.74 High....>

GILT TECHS
GILT TECHS: (M9) Upside Break
*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: 127.75 @ Close May 8 
*SUP 1: 126.85 Low May 3 
*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 broke to the upside out of its short term range yesterday coming
within touching distance of the April 10 high at 128.37. Above here would open
the April 3 high at 129.42 ahead of the March 25 high. For bears the focus
remains on the May 3 low at 126.85 with a break below here opening the key
neckline support area at 126.60/47/44 marking the April 18/March 14/March 12
lows.

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