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(U18) Support Holds *RES 4: 127.00.......>

GILT TECHS
GILT TECHS: (U18) Support Holds
*RES 4: 127.00 Measured move from triangle breakout 
*RES 3: 124.67 High May 29 
*RES 2: 124.27 High July 20 
*RES 1: 124.07 High Aug 17 
*PREVIOUS CLOSE: 123.31 
*SUP 1: 123.16 Low Aug 14 
*SUP 2: 123.13 21-dma 
*SUP 3: 122.62 Low Aug 7 
*SUP 4: 121.99 Low Aug 2 
Gilts failed to break below a confluence of support levels on Friday including
the 21-dma, which together with the strong close to the week has shifted the
outlook from bearish to neutral. For bulls to regain control, the August 22
highs at 123.58 would need to be overcome opening up a run at the August 17 high
of 124.07. 

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