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(M18) Finding Support On Dips *RES 4:....>

GILT TECHS
GILT TECHS: (M18) Finding Support On Dips
*RES 4: 122.84 Highs Apr 11 & 18 
*RES 3: 122.19 Alternating hourly support/resistance 
*RES 2: 122.17 100-DMA 
*RES 1: 121.47 High Apr 23
*PREVIOUS CLOSE: 121.03
*SUP 1: 120.69 Low Mar 21 
*SUP 2: 120.48 Low Feb 27 
*SUP 3: 120.29 Low Feb 22 
*SUP 4: 119.83 Low Feb 20
*COMMENTARY: Bulls take comfort in support emerging ahead of the 120.69 support.
Daily studies approaching O/S and the Bollinger band base (120.96) remain key
concerns for bears and now limit follow through. Bears look for a close below
120.69 to hint at a move back to 119.29-83 with below 120.29 to confirm. Bulls
need a close above 121.47 to gain breathing room and above 122.19 now to shift
focus back to 122.84-123.03.

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