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GILT TECHS
GILT TECHS: (Z17) Bulls Initially Targeting 125.87-00
*RES 4: 126.00 Low Sept 13 now resistance 
*RES 3: 125.87 High Nov 8 
*RES 2: 125.70 Bollinger band top 
*RES 1: 125.47 High Nov 27
*PREVIOUS CLOSE: 125.21
*SUP 1: 125.09 Low Nov 24 
*SUP 2: 124.99 Daily Bull channel base 
*SUP 3: 124.75 Low Nov 22 
*SUP 4: 124.45 Low Nov 17
*COMMENTARY: The 124.99-125.09 support region is key today following the lack of
topside follow through Monday. Bears need a close below the daily bull channel
base to pressure support layers in the 124.25-75 region. Below 124.75 confirms
an easing of bullish pressure and below 124.25 to confirm a break of the 55
(124.47) DMA targeting 123.12-17 with below 123.84 to add weight to the case.
Bulls currently focus on 125.87-00.