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(Z17) 125.25-125.49 Recovery Out Of......>

GILT TECHS
GILT TECHS: (Z17) 125.25-125.49 Recovery Out Of Reach So Far
*RES 4: 125.49 76.4% Fibo of 125.87-124.25
*RES 3: 125.25/30 61.8% Fibo, Hourly recovery high Nov 9
*RES 2: 125.19 Nov 15 high
*RES 1: 124.90/00 Hourly resistance
*PRICE: 124.69 @1158GMT 
*SUP 1: 124.45 Nov 17 low
*SUP 2: 124.25/28 Nov 14, Nov 10 lows
*SUP 3: 124.17 61.8% Fibo of 123.12-125.87
*SUP 4: 123.84 Nov 1 low
*COMMENTARY* The month's earlier'Gravestone Doji' close on Nov 8 has been
responsible for a 125.87-124.25 fall so far. This before finding some support
ahead of 124.17 Fibo support. The subsequent recovery has helped to ease these
conditions, 125.25-125.49 anticipated to provide resistance to any further
rally, at this juncture. Meanwhile, the gap on last Wednesday's open has been
closed, so 124.45-124.17 provides support against any renewed downside activity.

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