(U18) Rally Falls Short Of...............>

GILT TECHS: (U18) Rally Falls Short Of 123.30-123.39 Test

*RES 4: 123.88 76.4% Fibo of 124.67-121.33

*RES 3: 123.52/57 May 31 high, 1% volatility band

*RES 2: 123.30/39 Swing 122.92-122.31, 61.8% 124.67-121.33

*RES 1: 123.19 Jun 19 high

*PRICE: 122.78 @0811GMT 

*SUP 1: 122.60 Hourly support

*SUP 2: 122.44 Jun 18 low

*SUP 3: 122.25 Jun 13 high, now support

*SUP 4: 122.05 Hourly congestion Jun 13-14

*COMMENTARY* The rise was halted at 123.19 on Tuesday, leaving us shy for the

time being of a test into the 123.30-123.39 region. Daily studies remain

positive at this time, so eyes are on 122.60 support. This should catch any

pullback if the rally is to continue at this stage. Loss would caution and allow

a deeper setback of gains seen since last week's 121.33 base. Back above 123.19

would allay these fears and allow an upside continuation.