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(H18) O/S Daily Studies Remain Key.......>

GILT TECHS
GILT TECHS: (H18) O/S Daily Studies Remain Key Concern
*RES 4: 123.12 Low Nov 30 now resistance 
*RES 3: 123.02 21-DMA 
*RES 2: 122.65 High Jan 30 
*RES 1: 122.24 High Feb 6
*PREVIOUS CLOSE: 121.93
*SUP 1: 121.60 Low Feb 6 
*SUP 2: 121.19 Low Feb 5 
*SUP 3: 120.92 2018 Low Feb 2 
*SUP 4: 120.54 Monthly Low May 25 2016
*COMMENTARY: The recovery from 2018 lows looks to be struggling lacking topside
follow through Tuesday and looking a little offered as a result. Bears now need
a close below 121.61 to reconfirm initial focus on 2018 lows and then the
118.93-120.54 region where monthly lows are noted. Bulls still need a close
above 122.65 to shift initial focus to 123.02-43 where the 21-DMA is noted.

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