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(Z17) Recovery Likely To See.............>

GILT TECHS
GILT TECHS: (Z17) Recovery Likely To See 125.25-125.49 Resistance
*RES 4: 125.87 Nov 8 high
*RES 3: 125.65 1.618 swing of 125.19-124.45
*RES 2: 125.49 76.4% Fibo of 125.87-124.25
*RES 1: 125.25/39 61.8% Fibo, equality rise from 124.45
*PRICE: 125.15 @0846GMT 
*SUP 1: 124.65/75 Hourly support
*SUP 2: 124.45 Nov 17 low
*SUP 3: 124.25/28 Nov 14, Nov 10 lows
*SUP 4: 124.17 61.8% Fibo of 123.12-125.87
*COMMENTARY* The month's earlier 'Gravestone Doji' close on Nov 8 has been
responsible for a 125.87-124.25 fall so far, This just ahead of 124.17 Fibo
support. The subsequent recovery has helped to ease these conditions,
125.25-125.49 anticipated to provide initial resistance to any further rally,
the swing target at 125.65 on any move higher. Meanwhile, support rises to
127.75-127.65, before Friday's 124.45 base.

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