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(M18) Bollinger Band Top Limiting........>

GILT TECHS
GILT TECHS: (M18) Bollinger Band Top Limiting Follow Through
*RES 4: 122.90 Daily Bull channel top 
*RES 3: 122.42 100-DMA 
*RES 2: 122.26 High Mar 22 
*RES 1: 122.16 Bollinger band top
*PREVIOUS CLOSE: 122.10
*SUP 1: 121.39 Hourly resistance Mar 22 now support 
*SUP 2: 121.04 Low Mar 22 
*SUP 3: 120.69 Low Mar 21 
*SUP 4: 120.55 Bollinger band base
*COMMENTARY: Pressure has returned to the 100-DMA following an aggressive rally
and bullish close Thursday with the Bollinger band top currently limiting follow
through. Layers of support left in the wake adds to bullish confidence. Bears
now look for a close below 121.49 to ease bullish pressure and return focus to
120.69-121.04 where the bull channel base (120.80) off Feb lows is located.

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