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TECHS: (U0) Bullish Theme Remains In Place.....>

BTPS
BTPS: TECHS: (U0) Bullish Theme Remains In Place
*RES 4: 144.00 Round number resistance
*RES 3: 143.51 2% 10-day MA envelope
*RES 2: 142.65 High Mar 26
*RES 1: 141.84 High Jun 4 and the bull trigger
*PRICE: 141.58 @ Close Jun 12
*SUP 1: 140.14 Low Jun 10
*SUP 2: 139.18 Low Jun 4 and key near-term support
*SUP 3: 138.84 Low May 25
*SUP 4: 137.87 Low May 20
BTPS futures drifted lower early last week but managed to find support. An
uptrend remains intact. Strong gains on Jun 4 resulted in a breach of 141.05,
Mar 28 high. The break confirmed a resumption of the uptrend that has been in
place since Apr 22 and maintains the current bullish price sequence of higher
highs and higher lows. Scope is seen for a climb to 142.65 next, Mar 26 high. On
the downside, key near-term support is at 139.18.

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