TECHS:(M9) Bulls Remain In Control *RES 4:.....>

BTPS: TECHS:(M9) Bulls Remain In Control

*RES 4: 132.88 High May 28 (continuation chart)

*RES 3: 131.45 61.8% retracement of May-Oct decline (continuation chart)

*RES 2: 130.06/28 High Mar 7/June 4 (continuation chart)

*RES 1: 129.71 High Mar 8 

*PREVIOUS CLOSE: 129.20 

*SUP 1: 127.57 Low Mar 7 

*SUP 2: 126.79 Low Mar 6

*SUP 3: 126.00/125.97 Low Feb 28/Low Mar 4/50-dma

*SUP 4: 125.05/00 Low Feb 22/Low Feb 21

June-19 BTPs futures failed to extend gains on Friday but the pullback was

relatively mild keeping the bullish picture intact. Bulls need to overcome the

129.71 level to extend the rally to the Mar 7/June 4 highs at 130.06/28 on the

continuation chart. Above here would bring the 61.8% retracement of the May -Oct

decline back into focus at 131.45. On the downside bears target the Mar 7 low at

127.57 ahead of the Mar 6 low at 126.79.