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TECHS: (U18) Downside Pressure Rising *RES.....>

BTPS
BTPS: TECHS: (U18) Downside Pressure Rising
*RES 4: 126.94 Medium Term Pivotal 
*RES 3: 126.24 High Aug 8 
*RES 2: 125.23 High Aug 22 
*RES 1: 125.00 21-DMA 
*PREVIOUS CLOSE: 123.85 
*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 
Despite a strong open Sep-18 BTPs closed lower on the day which returns the
focus to the Aug 16 low at 122.24 ahead of a possible run at the May lows. Bears
need to close back above the 21-DMA at 125.00 if they are to gain the upper hand
and target the Aug 8 high at 126.24.

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