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(U0) Outlook Remains Bullish *RES 4:.....>

GILT TECHS
GILT TECHS: (U0) Outlook Remains Bullish
*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: 137.69 High Jun 19
*PRICE: 137.11 @ Close Jun 23
*SUP 1: 136.48 Low Jun 19
*SUP 2: 136.41 50-day EMA
*SUP 3: 135.56 Low Jun 10 and key near-term support
*SUP 4: 135.05 Low Jun 5 and the bear trigger
Gilts started the week on a firmer note and support has been defined at 136.48,
Jun 19 low. Despite the pullback late last week, the near-term outlook remains
bullish and attention is on 137.69, Jun 18 high. A clear breach would target key
resistance and the trend bull trigger at 138.02, May 22 high. On the downside,
weakness below Friday's 136.48 low would allow for a deeper pullback.

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