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TECHS:(H9) Bullish Break *RES 4: 133.47........>

BTPS
BTPS: TECHS:(H9) Bullish Break
*RES 4: 133.47 Trend channel resistance from Oct lows
*RES 3: 132.88 High May 28 
*RES 2: 131.45 61.8% retracement of May-Oct decline
*RES 1: 130.28 High June 4 
*PREVIOUS CLOSE: 130.06 
*SUP 1: 127.77 Low Mar 4 
*SUP 2: 127.67 50-dma 
*SUP 3: 126.98/83 38.2% retracement 125.23-129.81/Low Feb 13 
*SUP 4: 126.41/38/31 High Feb 8/Low Feb 12/23.6% retracement 125.23-129.81 
BTPs futures smashed above a number of resistance levels yesterday taking prices
back to June 2018 levels with the June 4 high at 130.28 under pressure. Above
here would target the 61.8% retracement of the May-Oct decline which comes in at
131.45. To stabilise the outlook bears need to break back below Monday's low at
127.77 which would open the 50-dma at 127.67.

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