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TECHS (U9): Key support lies at 132.88 *RES....>

BTPS
BTPS: TECHS (U9): Key support lies at 132.88
*RES 4: 136.00 Round number resistance
*RES 3: 135.45 1.00 Fibonacci swing proj of May 31-Jun 7 rally off Jun 12 low
*RES 2: 135.13 U9 contract high
*RES 1: 134.44 High Jun 24
*PRICE: 133.76 @ Close June 27
*SUP 1: 132.88 Low Jun 25 and key support
*SUP 2: 132.10 Low Jun 18
*SUP 3: 131.45 Low Jun 14
*SUP 4: 130.50 Low Jun 12
U9 BTPS remains in an uptrend. However, the Jun 20 bearish engulfing line
continues to highlight a possible bearish threat. Momentum indicators are
overbought & this could also develop into a more sig. threat to bulls.
Furthermore, key trendline support has been eroded around the at 133.50 level
this week. Tuesday's low of 132.88 is key support. Conversely, gains above
134.44 would remove some bearish concerns & open the contract high.

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