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TECHS: (U9) Bullish outlook intact *RES 4:.....>

BTPS
BTPS: TECHS: (U9) Bullish outlook intact
*RES 4: 144.00 Round number resistance
*RES 3: 143.85 1.382 projection of the May 31-Jun 26 rally from the Jun 25 low
*RES 2: 143.00 Round number resistance
*RES 1: 142.76 Contract high Aug 20
*PRICE: 142.39 @ Close Aug 21
*SUP 1: 140.38 Low Aug 19 and key support
*SUP 2: 139.83 Low Aug 15
*SUP 3: 139.11 Low Aug 14
*SUP 4: 138.66 Trendline support drawn off the May 31 low
U9 BTPS confirmed a fresh contract high Tuesday at 142.76. This confirmed a
resumption of the uptrend and if the rally can be sustained, potential is for a
climb towards 143.00 next. Key short-term support has been defined at the
140.38, Aug 19 low. A failure to hold above this level would signal waning
upside momentum and one could then consider the prospect of a correction
near-term towards trendline support at 138.66. For now bulls are in charge.

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