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(U17) 125.62 Support Now Key *RES 4:.....>

GILT TECHS
GILT TECHS: (U17) 125.62 Support Now Key
*RES 4: 126.95 55-DMA 
*RES 3: 126.83 100-DMA 
*RES 2: 126.67 High July 24 
*RES 1: 126.54 High July 25
*PREVIOUS CLOSE: 126.21
*SUP 1: 125.74 21-DMA 
*SUP 2: 125.62 High July 17 now support, Bull channel base 
*SUP 3: 124.95 Low July 14 
*SUP 4: 124.71 Low July 7
*COMMENTARY: Despite hesitation continuing ahead of 126.54-95 bulls take comfort
in support emerging on dips below the 21-DMA. The 125.62 support is key today
with bears needing a close below to confirm breaks of the 21-DMA and bull
channel base, shifting 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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