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(Z17) Topside Failures Taking Toll.......>

GILT TECHS
GILT TECHS: (Z17) Topside Failures Taking Toll
*RES 4: 124.65 High Sept 19 
*RES 3: 124.36 High Sept 20 
*RES 2: 124.22 High Oct 4 
*RES 1: 123.87 Hourly resistance Oct 5
*PREVIOUS CLOSE: 123.67
*SUP 1: 123.48 Low Oct 2 
*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 significance Monday with the
contract rallying only to be capped at this level. Bulls still need a close
above 124.36 to gain breathing room and above 124.65 to shift immediate focus to
125.21 although the 21-DMA (124.76) may slow the move. Bears still need a close
below 123.48 to reconfirm immediate focus on 123.12 and overall focus on 122.60
2017 lows.

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