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(U18) Key Resistance In Focus *RES 4:....>

GILT TECHS
GILT TECHS: (U18) Key Resistance In Focus
*RES 4: 124.67 High May 29 
*RES 3: 124.27 High July 20 
*RES 2: 124.07 High Aug 17 
*RES 1: 123.90 Down trendline resistance from May high
*PREVIOUS CLOSE: 123.22 
*SUP 1: 122.28 Up trendline support from June lows 
*SUP 2: 121.99 Low Aug 2 
*SUP 3: 121.33 Low June 12 
*SUP 4: 120.01 Low May 17 
The strong close last week has returned the focus toward key resistance from the
May peak at 123.90 as well as the Aug 17 high at 124.07. A break above these
levels would suggest a large pennant formation breakout is in play, targeting
127.00. Bears must prevent a break above here to keep trendline support at
122.28 to in play. 

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