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TECHS: (M0) Still Climbing *RES 4: 145.69......>

BTPS
BTPS: TECHS: (M0) Still Climbing
*RES 4: 145.69 High Mar 27 and key resistance
*RES 3: 144.00 High Mar 30
*RES 2: 142.60 76.4% retracement of the Mar 27 - Apr 22 low
*RES 1: 141.52 High May 27
*PRICE: 142.18 @ Close May 27
*SUP 1: 140.33 Low May 22
*SUP 2: 139.64 Low May 20 and key near-term support
*SUP 3: 137.52 Low May 18
*SUP 4: 136.86 Low May 13 and key near-term support
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 142.60, 76.4% of the Mar
27 - Apr 22 low where a break would open 144.00, Mar 30 high. On the downside,
initial firm support lies at 139.64, May 20 low.

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