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(U17) Topside Follow Through Lacking.....>

GILT TECHS
GILT TECHS: (U17) Topside Follow Through Lacking
*RES 4: 129.01 High June 15 
*RES 3: 128.68 High June 21 
*RES 2: 128.24 High Aug 11 
*RES 1: 127.95 High Aug 18
*PREVIOUS CLOSE: 127.62
*SUP 1: 127.22 Low Aug 16 
*SUP 2: 127.06 Low Aug 9 
*SUP 3: 126.87 21-DMA 
*SUP 4: 126.76 Hourly resistance Aug 7 now support
*COMMENTARY: Support emerging ahead of the 126.54-127.06 region continues and is
less than ideal for bears who need a close below the 55-DMA to hint at a shift
lower in focus and below 126.54 confirming a move initially targeting 125.62.
Correcting O/B studies remain the key concern for bulls who now need a close
above 128.24 to reconfirm the bullish bias and initially target 128.68-129.19.

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