TECHS: (U0) Bullish Price Sequence Remains.....>

BTPS: TECHS: (U0) Bullish Price Sequence Remains Intact

*RES 4: 146.03 High Mar 6 (cont)

*RES 3: 145.69 High Mar 27 (cont)

*RES 2: 144.83 1.764 projection of the Jun 4 rally from Jun 10 low

*RES 1: 144.66 High Jul 8 and the bull trigger

*PRICE: 144.12 @ Close Jul 10

*SUP 1: 143.25 20-day EMA

*SUP 2: 142.86 Low Jun 25 and key near-term support

*SUP 3: 141.84 High Jun 4 and former breakout level

*SUP 4: 141.51 50-day EMA

BTPS futures maintain a bullish tone. The positive trend sequence of higher

highs and higher lows that defines an uptrend remains intact. Furthermore,

moving average and momentum studies are still constructive although we do note

that the trend condition is overbought. Further gains however are seen likely

with the focus on 144.83 next, a Fibonacci projection. The bull trigger is

144.66. Initial firm support is at 142.86, Jun 25 low.