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TECHS: (M9) Range Trading Continues *RES 4:....>

BTPS
BTPS: TECHS: (M9) Range Trading Continues
*RES 4: 135.66 76.4% retracement of 141.19 - 117.77 (continuation chart) 
*RES 3: 132.88 High May 28 (continuation chart) 
*RES 2: 132.24 61.8% retracement of 141.19 - 117.77 (continuation chart) 
*RES 1: 130.00 High Mar 18 
*PRICE: 129.18 @ Close Apr 3 
*SUP 1: 128.66 Low Apr 1 
*SUP 2: 128.64 Low Mar 27 
*SUP 3: 128.29 Low Mar 13 
*SUP 4: 127.57 Low Mar 7 
BTP futures gave back early strength yesterday to keep the month long range
intact. Bulls need a break above the 130 level to reignite upside momentum and
open the 61.8% retracement of 141.19-117.77 at 132.24 on the continuation chart.
On the downside a break below 128.66/64 would create some downside momentum and
bring the March 13 low at 128.29 into play.

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