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TECHS: (U0) Still Heading North *RES 4:........>

BTPS
BTPS: TECHS: (U0) Still Heading North
*RES 4: 148.97 High Feb 13 (cont)
*RES 3: 148.32 High Mar 4 (cont)
*RES 2: 147.43 High Mar 5 (cont)
*RES 1: 147.30 High Jul 23
*PRICE: 147.16 @ Close Jul 23
*SUP 1: 145.62 Low Jul 21 and key near-term support
*SUP 2: 144.92 Low Jul 20
*SUP 3: 144.62 20-day EMA
*SUP 4: 143.61 Low Jul 13 and key near-term support
BTPS futures traded higher again yesterday, confirming a resumption once again
of the current uptrend that has been in place since late April. This maintains
the bullish price sequence of higher highs and higher lows that defines an
uptrend. Furthermore, MA and momentum studies are in a bullish position although
it is worth noting the trend condition is overbought. Attention is on 148.32
next. Initial firm support is 145.62, the Jul 21 low.

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