TECHS: (U0) Consolidating But Remains..........>

BTPS: TECHS: (U0) Consolidating But Remains Bullish

*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: 144.39 @ Close Jul 15

*SUP 1: 143.52 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: 141.82 50-day EMA

The BTPS futures outlook is unchanged and remains bullish. The 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.