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TECHS: (M0) Holding Onto Recent Gains *RES.....>

BTPS
BTPS: TECHS: (M0) Holding Onto Recent Gains
*RES 4: 146.00 0.618 projection of Mar 18 - 27 rally from Apr 22 low
*RES 3: 145.69 High Mar 27 and key resistance
*RES 2: 144.00 High Mar 30
*RES 1: 143.00 High May 28 / 29
*PRICE: 142.79 @ Close Jun 1
*SUP 1: 141.24 Low May 27
*SUP 2: 140.34/17 20-day and 50-day EMA
*SUP 3: 139.64 Low May 20 and key near-term support
*SUP 4: 137.52 Low May 18
BTPS remains bullish and is holding onto recent gains. Futures found support on
May 7 at 135.43. The recovery since has confirmed a bull cycle and on May 18/19
futures confirmed a resumption of bullish strength following the break of
resistance at 139.77, Apr 30 high. Momentum studies are also pointing north. The
focus is on 144.00 next, Mar 30 high and a key resistance at 145.69, Mar 27
high. Initial firm support lies at 139.64, May 20 low.

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