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TECHS: (U9) Climbs within its bull channel.....>

BTPS
BTPS: TECHS: (U9) Climbs within its bull channel
*RES 4: 148.12 Primary bull channel top drawn off the May 31 low
*RES 3: 148.00 Round number resistance
*RES 2: 147.65 Minor bull channel resistance drawn of the Aug 9 low
*RES 1: 147.15 Contract high Aug 29
*PRICE: 145.94 @ Close Aug 29
*SUP 1: 144.08 Low Aug 28
*SUP 2: 143.86 Minor bull channel base drawn of the Aug 9 low
*SUP 3: 142.91 Low Aug 27
*SUP 4: 141.80 Low Aug 21
U9 BTPS confirmed the print of a fresh trend high once again yesterday as the
impulsive rally extends. This has once again confirmed a resumption of the bull
trend with prices climbing within the bull channel drawn off the May 31 low. The
focus is on the channel top, currently at 148.12 which also represents the next
key resistance parameter. On the downside, support lies at 144.08 ahead of the
minor channel base at 143.86.

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