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

BTPS
BTPS: TECHS: (H0) Probes Its Range Top
*RES 4: 145.36 1.618 projection of Jan 2 - Jan 10 rally from Jan 22 low
*RES 3: 145.10 1.500 projection of Jan 2 - Jan 10 rally from Jan 22 low
*RES 2: 144.84 1.380 projection of Jan 2 - Jan 10 rally from Jan 22 low
*RES 1: 144.71 High Jan 24
*PRICE: 144.47 @ Close Jan 24
*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
H0 BTPS extended gains again Friday. Futures last week cleared resistance at
143.76, Jan 10 high and traded above 144.45, the top of the range that has
developed since Nov 26. A clear breach of this latter 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 follow through on gains would
suggest further range trading going forward. Support is at 143.18.

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