(M9) Uptrend Threatens To Resume *RES....>

GILT TECHS: (M9) Uptrend Threatens To Resume

*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 13 

*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 closed on the front foot yesterday right on the May 8 high at

128.33 with a break above here needed to open the April 10 high just ahead at

128.37. Above here would bring the April 3 high at 128.66 into play. A downside

break of the May 8 low at 127.73 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