(U0) Bulls Still In Charge *RES 4:.......>

GILT TECHS: (U0) Bulls Still In Charge

*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: 137.18 @ Close May 28

*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 are unchanged and 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 low.