TECHS: (M0) Off Recent Highs *RES 4: 140.10....>

BTPS: TECHS: (M0) Off Recent Highs

*RES 4: 140.10 50-day EMA

*RES 3: 139.77 High Apr 30 and bull trigger

*RES 2: 139.02 High May 5

*RES 1: 137.78 High May 6

*PRICE: 136.20 @ Close May 6

*SUP 1: 135.95 Low May 6

*SUP 2: 134.61 Low Apr 24 and key near-term support

*SUP 3: 132.61 Low Apr 22 and the bear trigger

*SUP 4: 132.30 61.8% retracement of Mar 18 - 27 rally

BTPS continued to pull back yesterday. Attention turns to the key intraday

support at 134.61, Apr 24 low. A break of this level would expose the bear

trigger at 132.61, Apr 22 low where a clear move beyond would confirm a

resumption of bearish activity and open 130.00 and 129.13, a Fibonacci

retracement level. Price needs to clear the key short-term resistance at 139.77,

Apr 30 high to reinstate a bullish theme.