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(U18) 123.64 Resistance Remains Key......>

GILT TECHS
GILT TECHS: (U18) 123.64 Resistance Remains Key
*RES 4: 123.64 High May 30 
*RES 3: 123.52 Bollinger band top 
*RES 2: 123.49 High July 3 
*RES 1: 123.38 Hourly support July 13 now resistance
*PREVIOUS CLOSE: 123.20
*SUP 1: 122.76 Low July 9 
*SUP 2: 122.55 Low June 22 
*SUP 3: 122.28 Low June 21 
*SUP 4: 122.15 55-DMA
*COMMENTARY: U18 remains capped by 123.49-64 with dips supported at 122.76.
Bears need a close below 122.76 to confirm traction below the rising daily TL
off May lows and the 21-DMA (123.04) with immediate focus shifting to 122.15-28
where the 55-DMA is noted. Below the 55-DMA is needed to shift focus to
121.33-73 where the 100-DMA is situated. Bulls continue to look for a close
above 123.64 to reconfirm overall focus on 124.67.

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