TECHS: (H0) Weaker Outlook Maintained *RES.....>

BTPS: TECHS: (H0) Weaker Outlook Maintained

*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 intraday bull trigger

*RES 1: 143.28 High Dec 19

*PRICE: 142.26 @ Close Dec 23

*SUP 1: 141.90 Low Dec 20

*SUP 2: 141.54/42 Low Dec 6 / Low Dec 3 and bear trigger

*SUP 3: 141.00 Round number support

*SUP 4: 140.45 10-day MA envelope

H0 BTPS gains stalled on Dec 18 at the key resistance of 144.44, Nov 26 high.

Futures briefly probed this level with a high print of 144.45 before finding

resistance. The failure to clear resistance reverts near-term attention to the

downside. Support at 142.85, Dec 13 low has been breached reinforcing a

developing bearish theme that has opened the key support and bear trigger at

141.42, Dec 3 low. Clearance of 144.45 is needed to signal a bullish reversal.