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(Z17) 124.34 Support Remains Key *RES....>

GILT TECHS
GILT TECHS: (Z17) 124.34 Support Remains Key
*RES 4: 125.54 55-DMA 
*RES 3: 125.22 100-WMA 
*RES 2: 124.99 High Oct 18 
*RES 1: 124.74 Hourly support Oct 18 now resistance
*PREVIOUS CLOSE: 124.50
*SUP 1: 124.64 Hourly resistance Oct 19 now support 
*SUP 2: 124.34 Hourly resistance Oct 17 now support 
*SUP 3: 124.02 Low Oct 17 
*SUP 4: 124.01 21-DMA
*COMMENTARY: Bulls take comfort in the bounce from ahead of the 124.34 support
despite looking heavy Wednesday. Immediate focus has returned to the
124.99-125.22 resistance region. Bulls continue to look for a close above the
100-WMA to confirm immediate focus on 125.54-71 where 55 & 100-DMAs are noted.
Bears need a close below 124.34 to confirm an easing of bullish pressure and
below 123.86 to shift focus back to 123.12-32.

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