TECHS:(M9) Finally A Range Break *RES 4:.......>

BTPS: TECHS:(M9) Finally A Range Break

*RES 4: 135.66 76.4% retracement of 141.19 - 117.77 (continuation chart) 

*RES 3: 134.82 Low Jan 2 2018 (continuation chart) 

*RES 2: 132.88 High May 28 (continuation chart) 

*RES 1: 132.24 61.8% retracement of 141.19 - 117.77 (continuation chart) 

*PRICE: 130.34 @ Close Apr 9 

*SUP 1: 130.00 High March 18

*SUP 2: 128.50 Low Apr 4 

*SUP 3: 128.29 Low Mar 13 

*SUP 4: 127.79/63 Low Mar 7/50-dma 

BTP futures finally broke out of their month long trading range to the upside

yesterday, taking out the 130 March 18 high to open the 61.8% retracement of

141.19-117.77 at 132.24 on the continuation chart. Above here would bring the

May 28 high at 132.88. On the downside bears look for a close back below 130 to

suggest a false break, while a break below Thursday's low at 128.50 would create

some downside momentum and bring the March 13 low at 128.29 into play.