TECHS: (H0) Approaches Its Range *RES 4:.......>

BTPS: TECHS: (H0) Approaches Its Range

*RES 4: 145.10 1.500 projection of Jan 2 - Jan 10 rally from Jan 22 low

*RES 3: 144.84 1.380 projection of Jan 2 - Jan 10 rally from Jan 22 low

*RES 2: 144.45 High Dec 18 and bull trigger

*RES 1: 144.41 High Jan 10

*PRICE: 144.27 @ Close Jan 23

*SUP 1: 143.18 Low Jan 23

*SUP 2: 141.83 Low Jan 22

*SUP 3: 141.58 Low Jan 2

*SUP 4: 141.54/42 Low Dec 6 / Low Dec 3 and bear trigger

Sharp gains dominated yesterday's price action in H0 BTPS. Futures have cleared

resistance at 143.76, Jan 10 high and this has exposed 144.45, the top of the

range that has developed since Nov 26. A breach of this level would confirm a

range breakout and also signal a potential trend reversal opening 144.84 and

145.10, both Fibonacci projections. A failure to clear the range top would

suggest further range trading going forward. Support is at 143.18.