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(Z17) 21-DMA Support Key Today *RES 4:...>

GILT TECHS
GILT TECHS: (Z17) 21-DMA Support Key Today
*RES 4: 127.83 High Aug 29 
*RES 3: 127.71 Bollinger band top 
*RES 2: 127.54 High Aug 30 
*RES 1: 127.44 High Sept 1
*PREVIOUS CLOSE: 126.98
*SUP 1: 126.90 Daily Bull channel base 
*SUP 2: 126.80 Low Aug 24 
*SUP 3: 126.71 21-DMA 
*SUP 4: 126.49 Low Aug 23
*COMMENTARY: Lower daily highs and lows the latter part of last week are
weighing with a dip below the bull channel base Friday and focus now on the
21-DMA. Bears need a close below the 21-DMA to confirm an easing of bullish
pressure and to shift focus to 125.94-126.49 where 55 & 100-DMAs are noted.
Bulls look for a close above 127.54 to return focus to 127.83-128.05 where the
bull channel top it noted.

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