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(U0) Bulls In Control *RES 4: 139.70.....>

GILT TECHS
GILT TECHS: (U0) Bulls In Control
*RES 4: 139.70 Low Mar 3 (cont)
*RES 3: 139.05 High Mar 12 (cont)
*RES 2: 138.48 1.00 projection of Jun 19 - 25 rally from Jul 1 low
*RES 1: 138.44 High Jul 23
*PRICE: 138.2 @ Close Jul 23
*SUP 1: 137.51 Low Jul 22
*SUP 2: 137.36 Low Jul 15
*SUP 3: 137.25 Low Jul 13 and key near-term support
*SUP 4: 137.19/136.95 50-day EMA / Low Jul 1
Gilts futures maintain a bullish outlook. This week, the contract has extended
its bull run confirming a resumption of the uptrend and has confirmed a clear
break of the 138.00 handle. The clear breach of 138.00, which had provided
resistance since late May, represents an important technical break. The next
objective is 138.48, a Fibonacci projection. Firm near-term support is at
137.51, Jul 20 low.

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