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TECHS: (M0) Strong Bounce Off The Day Low......>

BTPS
BTPS: TECHS: (M0) Strong Bounce Off The Day Low
*RES 4: 145.69 High Amr 27 high and key resistance
*RES 3: 145.00 Round number resistance
*RES 2: 144.00 High Mar 30
*RES 1: 143.74 High Jun 4
*PRICE: 143.08 @ Close Jun 4
*SUP 1: 141.08 Intraday low and key support
*SUP 2: 140.86/41 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
Yesterday's strong rally in BTPS off the day low resulted in a breach of 143.00,
Mar 28 / 29 high. The break confirms a resumption of the uptrend that has been
in place since the Apr 22 low. Also, futures are testing a Fibonacci projection
level at 143.45. This is the 0.50 projection of the Mar 18 - 27 rally off the
Apr 22 low. A clear break of this chart point would signal scope for gains
towards 145.00 and 145.69, the Mar 27 high. Key support is at 141.08.

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