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TECHS: (M9) Failing to Break Above 130 *RES....>

BTPS
BTPS: TECHS: (M9) Failing to Break Above 130
*RES 4: 135.66 76.4% retracement of 141.19 - 117.77 (continuation chart)
*RES 3: 132.24 61.8% retracement of 141.19 - 117.77 (continuation chart)
*RES 2: 130.43 Up trend channel support from Jan 9 low
*RES 1: 130.00 High Mar 18
*PRICE: 129.84 @ 15:57 Mar 21
*SUP 1: 129.15 Low Mar 21
*SUP 2: 128.67 Low Mar 20
*SUP 3: 128.29 Low Mar 13
*SUP 4: 127.57 Low Mar 7
BTP futures failed once again to break through the key 130 level yesterday,
leaving the outlook neutral for now. Bulls need to close above the up trend
channel support at 130.43 before attempting a run to the 61.8% retracement of
141.19-117.77 at 132.24. On the downside bears need to break below the March 13
low at 128.29 to return the focus to the downside and the 50-dma.

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