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(U18) Dual 123.00 Resistance Under.......>

GILT TECHS
GILT TECHS: (U18) Dual 123.00 Resistance Under Challenge Today
*RES 4: 123.88 76.4% Fibo of 124.67-121.33
*RES 3: 123.52 May 31 high
*RES 2: 123.39 61.8% Fibo of 124.67-121.33, 1% vol band
*RES 1: 123.00 Hourly high Jun 1, 50% of 124.67-121.33
*PRICE: 122.69 @0835GMT 
*SUP 1: 122.49 Hourly high Jun 14, now support
*SUP 2: 122.25 Jun 13 high, now support
*SUP 3: 122.10/14 Hourly lows Jun 14
*SUP 4: 121.81/84 Jun 11 high, Jun 14 low
*COMMENTARY* A low of 121.33 this week, this the protection against a further
121.16-121.01 fall, where two 76.4% Fibo retrace levels reside. As a result,
became oversold in the near term, the subsequent break above 121.92-121.96,
allowing initial respite, as then did the further move through 122.31. Now
seeing 123.00-123.39 as the next band of resistance to this recovery. Support
122.49-122.25 and then more importantly 122.10.

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