TECHS: (M0) Still Very Heavy! *RES 4: 141.59...>

BTPS: TECHS: (M0) Still Very Heavy!

*RES 4: 141.59 Low Mar 9

*RES 3: 139.96 High Mar 13

*RES 2: 136.45 High Mar 16

*RES 1: 134.40 High Mar 17

*PRICE: 130.73 @ Close Mar 17

*SUP 1: 129.57 Low Mar 17

*SUP 2: 128.56 2.236 projection of Mar 4 - Mar 9 decline from Mar 11 high

*SUP 3: 127.47 2.382 projection of Mar 4 - Mar 9 decline from Mar 11 high

*SUP 4: 126.59 2.500 projection of Mar 4 - Mar 9 decline from Mar 11 high

BTPS futures remain volatile while the bearish onslaught continues. This month's

heavy sell-off is still expected to weigh on sentiment and further downside

pressure is likely. Attention is on 128.56 and 127.47 next, both Fibonacci

projection levels. Initial resistance is seen at yesterday's 134.40 high. A

break above this level would provide some relief however, there remains a key

hurdle at 139.96, Mar 13 high that needs to be cleared to signal a base.