TECHS:(M9) Pullback Remains Corrective *RES....>

BTPS: TECHS:(M9) Pullback Remains Corrective

*RES 4: 131.45 61.8% retracement of May-Oct decline (continuation chart) 

*RES 3: 130.06/28 High Mar 7/June 4 (continuation chart) 

*RES 2: 129.71 High Mar 8 

*RES 1: 128.88 High Mar 13

*PREVIOUS CLOSE: 128.58 

*SUP 1: 128.29 Low Mar 13 

*SUP 2: 127.57 Low Mar 7 

*SUP 3: 126.79 Low Mar 6 

*SUP 4: 125.97/126.00/126.12 Low Feb 28/Low Mar 4/50-dma 

BTPs futures continue to pull back from last week's highs but the correction

lacks momentum keeping the broader bullish picture intact. Bulls look to take

out yesterday's high at 128.88 to open Friday's ytd high at 129.71. Above here

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

continuation chart. On the downside bears look to break below yesterday's low at

128.29 to shift focus to the March 7 low at 127.57.