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(Z17) Recovers After Support From........>

GILT TECHS
GILT TECHS: (Z17) Recovers After Support From 124.20 Fibo Level Holds
*RES 4: 125.87 Nov 8 high
*RES 3: 125.49 76.4% Fibo of 125.87-124.25
*RES 2: 125.25/30 61.8% Fibo, Hourly recovery high Nov 9
*RES 1: 125.06/09 50% of 125.87-124.25, intraday high
*PRICE: 125.04 @1257GMT 
*SUP 1: 124.71/74 Overnight gap
*SUP 2: 124.49 Hourly base Nov 14
*SUP 3: 124.25/28 Nov 14, Nov 10 lows
*SUP 4: 124.20 Hourly basing area Oct 30-31, 61.8% Fibo
*COMMENTARY* Last Wednesday's 'Gravestone Doji' close has been responsible for a
125.87-124.25 fall so far. This before finding some support and oversold
conditions ahead of 124.20 Fibo support. The subsequent recovery has helped to
ease these conditions, 125.06-125.49 anticipated to provide resistance to any
further rally, at this juncture. Meanwhile, support rises to 124.74-124.71, the
overnight gap and then 124.49. 

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