TECHS: (H0) Bulls Hold On *RES 4: 145.05.......>

BTPS: TECHS: (H0) Bulls Hold On

*RES 4: 145.05 2.236 projection of Dec 3 - Dec 4 rally from Dec 6 low

*RES 3: 144.68 2.00 projection of Dec 3 - Dec 4 rally from Dec 6 low

*RES 2: 144.44 High Nov 26 and primary resistance

*RES 1: 144.34 High Dec 13

*PRICE: 143.85 @ Close Dec 16

*SUP 1: 142.85 Low Dec 13

*SUP 2: 142.56 Low Dec 10

*SUP 3: 142.03 Low Dec 9

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

H0 BTPS bulls are still winning the battle with futures trading marginally

higher yesterday. The recent recovery has been viewed as a correction. However

continued gains now suggest price is likelier to extend the recent recovery and

test key resistance at 144.44, Nov 26 high. A break of this level would

represent an important short term bullish development and open 144.68 and the

145.00 handle. Support is at 142.85, Dec 13 low.