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(Z18) Bulls Back In The Driving Seat.....>

GILT TECHS
GILT TECHS: (Z18) Bulls Back In The Driving Seat
*RES 4: 125.64 High May 29 (continuation chart) 
*RES 3: 124.27 High July 20 (continuation chart) 
*RES 2: 124.07 High Aug 17 (continuation chart) 
*RES 1: 123.11 High Aug 17 
*PREVIOUS CLOSE: 122.50 
*SUP 1: 121.84 Low Sep 5 
*SUP 2: 121.99 Low Aug 2 (continuation chart) 
*SUP 3: 121.33 Low June 12 (continuation chart) 
*SUP 4: 120.01 Low May 17 (continuation chart) 
Bulls look to close the week off on a strong note following yesterday's full
recovery of Wednesday's selloff. A break above the Aug 17 high of 123.11 would
suggest a retest of downtrend resistance from the May 29 high. Bears need a
close below 121.84 to open the Aug 2 lows and suggest a large-scale bearish
reversal pattern is in play. 

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