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(U18) Uptrend Support Holds Firm *RES 4:......>

GILTS
GILTS: (U18) Uptrend Support Holds Firm
*RES 4: 124.67 High May 29 
*RES 3: 124.27 High July 20 
*RES 2: 124.07 High Aug 17 
*RES 1: 123.20 High Aug 29 
*PREVIOUS CLOSE: 122.97 
*SUP 1: 122.28 Up trendline support from June lows 
*SUP 2: 121.99 Low Aug 2 
*SUP 3: 121.33 Low June 12 
*SUP 4: 120.01 Low May 17 
Uptrend support from the June lows held firm yesterday as bulls managed to
regain the 130.00 level briefly. The outlook is neutral in the short term but a
rally above the August 29 high of 123.20 would tip the balance in favour of
further gains towards the August 17 highs at 124.07. Bears continue to target up
trendline support at 122.28 to re-establish control. 

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