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(H18) Fall Once Again Highlights Key.....>

GILT TECHS
GILT TECHS: (H18) Fall Once Again Highlights Key 124.10 Support  
*RES 4: 125.35/42 Dec 29, Dec 27 highs
*RES 3: 125.17 Intraday high
*RES 2: 124.92 Dec 29 low, now resistance
*RES 1: 124.64 Hourly resistance
*PRICE: 124.18 @1641GMT 
*SUP 1: 124.10 76.4% of 123.62-125.69, 61.8% of 123.12-125.69
*SUP 2: 123.84 Equality fall from 125.42 to 125.69-124.11
*SUP 3: 123.73 76.4% Fibo of 123.12-125.69
*SUP 4: 123.58 1% volatility band
*COMMENTARY* Found the ability to recover from last month's fall to 124.11, in
line with a test to dual Fibo support from 124.10. This again found resistance
from within the previous basing area of 125.37-125.43, seen from between Dec
15-18. The subsequent fall from there has been swift today, the loss of 124.42
once again leaving 124.11-124.10 open to challenge. As a result, 124.64-124.92
provides near term resistance. Below 124.10 and 123.84-123.73 next.

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