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(H18) Key 124.10 Support Wobbles But.....>

GILT TECHS
GILT TECHS: (H18) Key 124.10 Support Wobbles But Defies Challenge 
*RES 4: 125.35/42 Dec 29, Dec 27 highs
*RES 3: 125.17 Jan 2 high
*RES 2: 124.92 Dec 29 low, now resistance
*RES 1: 124.58/64 Hourly resistance
*PRICE: 124.37 @0903GMT 
*SUP 1: 124.05/10 76.4% 123.62-125.69, 61.8% 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: 123.54 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, the loss of 124.42 once
again leaving 124.10 open to challenge. As a result, 124.58-124.64 provides near
term resistance, above needed for respite. 

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