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(U0) Defines Near-Term Support *RES 4:...>

GILT TECHS
GILT TECHS: (U0) Defines Near-Term Support
*RES 4: 139.70 Low Mar 3
*RES 3: 139.05 High Mar 12 (cont)
*RES 2: 138.02 High May 22 and the bull trigger
*RES 1: 137.54 High May 29 and High Jun 15
*PRICE: 137.41 @ Close Jun 17
*SUP 1: 136.68 Low Jun 16
*SUP 2: 136.54 High Jun 10 and a gap low on the daily chart
*SUP 3: 135.56 Low Jun 10 and key near-term support
*SUP 4: 135.05 Low Jun 5 and the bear trigger
Gilts have defined a near-term support at 136.68, Tuesday's low. The near-term
outlook remains bullish with scope for an extension of gains likely near-term.
The focus is on 137.54, May 29 high and Monday's intraday high. If breached,
this would open the key resistance and bull trigger at 138.02, May 22 high. On
the downside, initial support lies at 136.68 low ahead of 136.54, Jun 10 high
and a gap low on the daily chart.

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