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TECHS: (U18) 21-DMA Comes Into Focus Again.....>

BTPS
BTPS: TECHS: (U18) 21-DMA Comes Into Focus Again
*RES 4: 126.94 Medium Term Pivotal 
*RES 3: 126.24 High Aug 8 
*RES 2: 125.23 High Aug 22 
*RES 1: 123.86 21-dma 
*PREVIOUS CLOSE: 123.24 
*SUP 1: 122.24 Low Aug 16 
*SUP 2: 122.05 Low June 8 
*SUP 3: 121.02 Low May 30 
*SUP 4: 120.93 Channel Support 
While the broader trend remains bearish bulls will take comfort in yesterday's
solid recovery off of its August lows and look to build on this strength by
crossing the 21-dma at 123.86. A break above here would go a long way towards
shifting the near-term outlook bullish. Above here would allow bulls to target
the Aug 22 high. Bears continue to focus on the 122.24 Aug 16 lows and a break
below here would see bears set their sights on the May 30 low of 121.02. 

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