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TECHS: (H19) Room for Upside *RES 3: 127.70....>

BTPS
BTPS: TECHS: (H19) Room for Upside
*RES 3: 127.70 High Sep 18 (continuation chart)
*RES 2: 127.44 High Sep 26 (continuation chart)
*RES 1: 126.27 High Dec 6 (continuation chart)
*PRICE: 125.30 @ 16:50GMT Dec13
*SUP 1: 123.26 Low Dec 11
*SUP 2: 121.40 Low Nov 28
*SUP 3: 119.27 Low Nov 20 (continuation chart)
BTP futures rallied further Thursday, building upon gains seen following the
break out of the bullish pennant pattern formation Wednesday which continues to
work in favour of the bulls. The Dec 6 high at 126.27 on the continuation chart
lies ahead, above which would open the Sep 26 high at 127.44. Bears need to
break below Tuesday's low at 123.26 to open the Nov 28 low at 121.40, below
which would return the focus to the Nov 20 low at 119.27 on the continuation
chart.

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