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TECHS: (M0) Edging Higher *RES 4: 142.60.......>

BTPS
BTPS: TECHS: (M0) Edging Higher
*RES 4: 142.60 76.4% retracement of the Mar 27 - Apr 22 low
*RES 3: 142.41 High Apr 3
*RES 2: 141.90 High Apr 7
*RES 1: 141.67 High May 26
*PRICE: 141.45 @ Close May 26
*SUP 1: 139.64 Low May 20
*SUP 2: 137.52 Low May 18
*SUP 3: 136.86 Low May 13 and key near-term support
*SUP 4: 135.43 Low May 8
BTPS remains bullish, edging higher once again yesterday. Futures found support
on May 7 at 135.43. The recovery since marked a positive price development and
last week, the contract confirmed a resumption of bullish strength following the
break of resistance at 139.77, Apr 30 high. This opens 142.41, Apr 3 high and
142.60, 76.4% of the Mar 27 - Apr 22 low. On the downside, initial firm support
lies at 139.64, May 20 low.

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