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TECHS: (U0) Uptrend Extends *RES 4: 148.32.....>

BTPS
BTPS: TECHS: (U0) Uptrend Extends
*RES 4: 148.32 High Mar 4 (cont)
*RES 3: 144.43 High Mar 5 (cont)
*RES 2: 146.09 2.236 projection of the Jun 4 rally from Jun 10 low
*RES 1: 145.96 High Jul 20
*PRICE: 145.84 @ Close Jul 20
*SUP 1: 144.92 Low Jul 20
*SUP 2: 144.11 Low Jul 16
*SUP 3: 143.61 Low Jul 13 and key near-term support
*SUP 4: 142.86 Low Jun 25
BTPS futures rallied 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 has entered overbought territory once again.
Attention is on 146.09 next. Initial firm support is 144.92, yesterday's low.

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