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TECHS:(M9) Back Above 130 *RES 4: 132.88 May...>

BTPS
BTPS: TECHS:(M9) Back Above 130
*RES 4: 132.88 May 28, 2018 (continuation chart) 
*RES 3: 132.24 61.8% retracement of 141.19 - 117.77 (continuation chart) 
*RES 2: 130.96/131.12 High May 2/April 12 
*RES 1: 130.31 High May 17 
*PRICE: 130.11 @ Close May 21 
*SUP 1: 129.28 Low May 21 
*SUP 2: 128.35 Low May 15 
*SUP 3: 128.29 Low Mar 13 
*SUP 4: 126.70 Double top target 
BTP futures got off to a weak start yesterday but the recovery in global risk
assets helped prices rally back above the 130 level to shift the near term
outlook positive. Bulls now target a break of Friday's high at 130.31 to suggest
a run at the May 2/April 12 highs at 130.96/131.12. Above here would open the
61.8% retracement of 141.19 - 117.77. For bears a break below yesterday's low at
128.28 is needed to regain control opening the May 15 low at 128.35.

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