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(Z17) Eyes Now On The 9 Week Rising......>

GILT TECHS
GILT TECHS: (Z17) Eyes Now On The 9 Week Rising Support Line
*RES 4: 128.44 1.618 swing 127.83-126.84, 9 week channel top
*RES 3: 128.24 Sep 8 high
*RES 2: 127.83 Aug 29 high
*RES 1: 127.58/61 Hourly resistance
*PRICE: 127.22 @1611GMT
*SUP 1: 127.15 Hourly support
*SUP 2: 126.95 9 week support line
*SUP 3: 126.84 Aug 25, Sep 1 lows
*SUP 4: 126.49 Aug 23 low
*COMMENTARY* A high of 128.24 attained last week but the rally has lost some
impetus since and has begun a correction of initially gains from the Aug 25 and
Sep 1 lows at 126.84. Looking to 127.15 and then more importantly the 9 week
rising support line at 126.95 for next clues. Loss of the latter will disappoint
and put that 126.84 low at risk. Meanwhile, 127.58-127.61 provides immediate
resistance, the Aug 29 high at 127.83 higher.  

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