TECHS: (H0) Firmer, But Still In A Range.......>

BTPS: TECHS: (H0) Firmer, But Still In A Range

*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: 144.45 High Dec 18 and bull trigger

*RES 1: 143.76 High Jan 10

*PRICE: 143.44 @ Close Jan 10

*SUP 1: 142.30 Low Jan 8

*SUP 2: 141.58 Low Jan 2

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

*SUP 4: 141.00 Round number support

H0 BTPS is seen likely to remain firmer for now within the range that has

developed since Nov 26. This follows the recovery on Jan 2 and the bounce off

the Jan 8 low of 142.30. A clear break of 143.76, Friday's high would open

144.00 and 144.45. The latter is the Dec 18 high and range top. Key support lies

at 141.42, Dec 3 low and is also the range base. A break would resume a bearish

theme. Initial support lies at 142.30 and 141.58.