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GILT TECHS: (U0) Bullish Outlook Intact
*RES 4: 139.70 Mar 9 low (cont)
*RES 3: 139.05 High Mar 12 (cont)
*RES 2: 138.02 High May 22 and the bull trigger
*RES 1: 137.48 High May 26
*PRICE: 137.37 @ Close May 27
*SUP 1: 136.84 Low May 27
*SUP 2: 136.63 Low May 20
*SUP 3: 136.09 Low May 19 and key support
*SUP 4: 136.00 Round number support
Gilts maintain a bullish outlook. Last week's break of resistance at 137.34, May
13 high confirmed a resumption of the uptrend and maintains the positive price
sequence of higher highs and higher lows. Attention is on 138.02, May 22 high
where a break would confirm a resumption of the uptrend and open 139.05, Mar 12
high (cont) and 139.70, Mar 9 low (cont). Key support lies at 136.09, May 19