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(Z17) 124.25-75 Support Region Key.......>

GILT TECHS
GILT TECHS: (Z17) 124.25-75 Support Region Key
*RES 4: 126.00 Low Sept 13 now resistance 
*RES 3: 125.87 High Nov 8 
*RES 2: 125.75 Bollinger band top 
*RES 1: 125.41 Low Nov 8 now resistance
*PREVIOUS CLOSE: 125.31
*SUP 1: 124.84 Daily Bull channel base 
*SUP 2: 124.75 Low Nov 22 
*SUP 3: 124.45 Low Nov 17 
*SUP 4: 124.25 Low Nov 14
*COMMENTARY: The close above the 100-DMA (125.21) adds to bullish confidence
following bounces from ahead of the daily bull channel base. Bulls now look for
a close above 125.41 to confirm initial focus on 125.87-00. Bears now need a
close below 124.75 to ease bullish pressure and below 124.25 to confirm breaks
of 21 (124.77) & 55 (124.55) DMAs targeting 123.12-17 with below 123.84 to add
weight to the case.

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