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(U17) 127.80-128.40 Support Region Key...>

GILT TECHS
GILT TECHS: (U17) 127.80-128.40 Support Region Key
*RES 4: 129.19 Monthly High June 14 
*RES 3: 129.01 High June 15 
*RES 2: 128.83 Bollinger band top 
*RES 1: 128.82 High Aug 29
*PREVIOUS CLOSE: 128.71
*SUP 1: 128.40 Low Aug 29 
*SUP 2: 128.24 High Aug 11 now support 
*SUP 3: 128.14 High Aug 24 now support 
*SUP 4: 128.02 Daily Bull channel base
*COMMENTARY: Bulls remain firmly in control with immediate bullish focus now on
128.82-129.19 where the Bollinger top and bull channel top are located. The
Bollinger top remains the key concern for bulls with potential to limit follow
through. Initial support is noted at 128.40 with bears needing a close below to
gain breathing room and below 127.80 to shift focus back to 126.88-127.50 where
key DMAs are noted.

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