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(Z17) Narrowed Bolli Bands Suggest.......>

GILT TECHS
GILT TECHS: (Z17) Narrowed Bolli Bands Suggest Breakout
*RES 4: 124.65 High Sept 19 
*RES 3: 124.36 High Sept 20 
*RES 2: 124.22 High Oct 4 
*RES 1: 124.10 High Oct 13
*PREVIOUS CLOSE: 123.90
*SUP 1: 123.46 Low Oct 13 
*SUP 2: 123.29 Hourly support Sept 28 
*SUP 3: 123.12 Low Sept 28 
*SUP 4: 122.60 2017 Low Jan 26
*COMMENTARY: The 124.36 resistance confirmed has confirmed significance with the
contract rallying only to be capped at this level in past weeks. Bulls still
need a close above 124.36 to gain breathing room with above 124.65 to shift
immediate focus to 125.21. Bears still need a close below 123.32 to retain focus
on 123.12 and overall focus on 122.60 2017 lows. Very narrow Bolli bands suggest
a break out near term.

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