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TECHS:(M9) Closes off lows *RES 4: 132.24......>

BTPS
BTPS: TECHS:(M9) Closes off lows
*RES 4: 132.24 61.8% retracement of 141.19 - 117.77 (continuation chart)
*RES 3: 130.96/131.12 High May 2/April 12
*RES 2: 129.97 21-DMA
*RES 1: 129.25 55-DMA
*PRICE: 129.05 @ Close May 14
*SUP 1: 128.35 Low May 15
*SUP 2: 128.29 Low Mar 13
*SUP 3: 126.70 Double top target
BTP futures closed off of lows on Wednesday, with initial support now located at
yesterday's low of 128.35, followed by the March 13 low at 128.29. Bulls look
for a break of the 21 & 55 DMAs to allow them to turn their focus higher.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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