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(U17) 125.56 Support Key Today *RES 4:...>

GILT TECHS
GILT TECHS: (U17) 125.56 Support Key Today
*RES 4: 126.96 55-DMA 
*RES 3: 126.82 100-DMA 
*RES 2: 126.67 High July 24 
*RES 1: 126.54 High July 25
*PREVIOUS CLOSE: 126.04
*SUP 1: 125.86 Hourly support July 26 
*SUP 2: 125.74 21-DMA 
*SUP 3: 125.62 High July 17 now support 
*SUP 4: 125.56 Daily Bull channel base
*COMMENTARY: Hesitation ahead of layers of resistance 126.54-96 is less than
ideal for bulls as daily studies correct from O/B. Monday's close leaves the
contract looking heavy with the 125.56-86 support region currently key. Bears
need a close below the bull channel base to shift focus back to 124-71-95. Bulls
continue to look for a close above the 55-DMA to hint at a shift higher in focus
with above 127.20 targeting 127.66-128.68.

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