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TECHS: (U0) Uptrend Extends *RES 4: 146.03.....>

BTPS
BTPS: TECHS: (U0) Uptrend Extends
*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: 144.38 High Jul 2
*PRICE: 144.28 @ Close Jul 2
*SUP 1: 143.10 Low Jun 30
*SUP 2: 142.86 Low Jun 25
*SUP 3: 141.84 High Jun 4 and former breakout level
*SUP 4: 141.36 Low Jun 15
BTPS futures remain bullish. The positive trend sequence of higher highs and
higher lows remains intact and yesterday, the contract registered a fresh high
print of 144.38. Moving average and momentum studies are still constructive
although note that momentum has recently entered overbought territory. For now,
further gains are still likely with the focus on 144.83 next, a Fibonacci
projection. Initial firm support is at 142.86, Jun 25 low.

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