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TECHS (U9): Fast 10-Day Momentum Picking Up....>

BTPS
BTPS: TECHS (U9): Fast 10-Day Momentum Picking Up Steam
*RES 4: 134.62 76.4% retracement of 139.82-117.77
*RES 3: 133.15 Projected channel top from May 15 low on continuation charts
*RES 3: 132.88 High May 28 2018
*RES 1: 132.14 U9 contract high June 7
*PRICE: 131.20 @ Close June 10
*SUP 1: 130.33 5-dma
*SUP 2: 128.61/50 21-dma, Low June 5
*SUP 3: 128.30 55-dma
*SUP 4: 127.46 Low June 3
The fast 10-day moving average is picking up steam again and showing
bull-divergence signals. Focus is back on U9 contract high at 132.14 ahead of
132.88. Support is at the 5-dma at 130.33 with outlook constructive whilst above
the 21-dma at 128.61.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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