TECHS: (U0) Uptrend Remains Intact *RES 4:.....>

BTPS: TECHS: (U0) Uptrend Remains Intact

*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: 144.62 High Jul 3 and intraday bull trigger

*PRICE: 143.72 @ Close Jul 3

*SUP 1: 143.10 Low Jun 30

*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: 141.36 Low Jun 15

BTPS futures are bullish. The positive trend sequence of higher highs and higher

lows remains intact. The contract registered a fresh high print of 144.62 Friday

before retracing. Moving average and momentum studies are still constructive

although we do note that the trend condition is overbought. 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.