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

GILT TECHS
GILT TECHS: (Z17) Narrowed Bolli Bands Suggest Breakout
*RES 4: 124.91 Low Sept 14 now resistance 
*RES 3: 124.65 High Sept 19 
*RES 2: 124.37 Bollinger band top 
*RES 1: 124.36 High Sept 20
*PREVIOUS CLOSE: 124.20
*SUP 1: 123.94 21-DMA 
*SUP 2: 123.86 Hourly resistance Oct 16 now support 
*SUP 3: 123.46 Low Oct 13 
*SUP 4: 123.29 Hourly support Sept 28
*COMMENTARY: The 124.36 resistance 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 now need a close below 123.86 to ease pressure on 124.36 and
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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