TECHS: (H9) Bulls Build On Hold Of 127.50......>

BTPS: TECHS: (H9) Bulls Build On Hold Of 127.50

*RES 4: 132.88 High May 28 (continuation chart)

*RES 3: 129.97 High Jul 19 (continuation chart)

*RES 2: 128.59 High Jan 2

*RES 1: 128.20 High Jan 18

*PREVIOUS CLOSE: 127.91

*SUP 1: 127.50 Low Jan 21

*SUP 2: 125.30 Low Jan 9

*SUP 3: 124.57 Low Dec 18

*SUP 4: 121.40 Low Nov 28

Monday's hold of 127.50 keeps the rally intact and the focus on the Jan 18 high

at 128.20 ahead of the Jan 2 highs at 128.59. A break above here would open a

move back towards the July 19 high on the continuation chart, improving the

broader outlook. On the downside bears need to see a break below 127.50 to gain

the near term edge and allow a run at the Jan 9 low of 125.30 ahead of the Dec

18 low at 124.57.