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(U0) Pullback Extends *RES 4: 139.05.....>

GILT TECHS
GILT TECHS: (U0) Pullback Extends
*RES 4: 139.05 High Mar 12 (cont)
*RES 3: 138.02 High May 22 and the bull trigger
*RES 2: 137.54 High May 29
*RES 1: 136.74 High Jun 3
*PRICE: 136.18 @ Close Jun 3
*SUP 1: 136.09 Low May 19 and key support
*SUP 2: 136.00 Round number support
*SUP 3: 135.74 Low Apr 8 (cont)
*SUP 4: 135.53 Low Apr 7 (cont)
Gilts remain under pressure this week having stalled recently at 137.74, May 22
high. The break of 137.36 yesterday, Jun 1 low has exposed key near-term support
at 136.09, May 19 low. A break of this level would dent the recent bullish theme
and signal scope for a deeper decline towards 136.00 and 135.53, Apr 7 low
(cont). On the upside, key near-term resistance has been defined at 137.54, May
29 high.

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