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(M18) Fresh Rally Has 122.65-122.77......>

GILT TECHS
GILT TECHS: (M18) Fresh Rally Has 122.65-122.77 Next In Mind
*RES 4: 123.45 76.4% Fibo of 124.73-119.29
*RES 3: 123.13 1% volatility band
*RES 2: 123.00 1.618 swing of 122.12-120.69
*RES 1: 122.77 1.618 swing of 122.26-121.44
*PRICE: 122.67 @0725GMT 
*SUP 1: 122.12/26 Mar 16, Mar 22 highs, now support
*SUP 2: 121.70/75 Hourly congestion area Mar 23-26
*SUP 3: 121.44 Mar 23 low
*SUP 4: 121.14 Mar 19 low
*COMMENTARY* The consolidation pullback was held at 121.44 last Friday and since
then gains have gradually followed, resulting in a move above the previous
122.26 high at the open Wednesday. Next target of note is the 61.8% Fibo retrace
level at 122.65, any higher and the first of two swing targets resides at
122.77, the second at 123.00, just ahead of the upper 1% volatility band today.
As a result, support also on the move, 122.26-122.12 and then 121.75-121.70.

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