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TECHS: (U9) Pulls away from 137.03 key.........>

BTPS
BTPS: TECHS: (U9) Pulls away from 137.03 key support
*RES 4: 140.00 Round number resistance
*RES 3: 139.85 U9 contract high Jul 3
*RES 2: 139.07 High Jul 5
*RES 1: 138.78 High Jul 15
*PRICE: 138.65 @ Close Jul 15
*SUP 1: 137.47 Trendline support off the May 31 low
*SUP 2: 137.12/03 Low Jul 3 and Low Jul 10
*SUP 3: 136.88 High Jul 2 and gap low
*SUP 4: 136.00 Round number support
U9 BTPS holds above 137.03 support and trendline support. Focus is on the candle
pattern that developed on Jul 3, a standard line and continuation pattern. The
retracement since the high of Jul 3 has on a closing basis, occurred within the
body of this candle. This reinforces the likelihood the recent pullback is a
correction and yesterday's gains support this outlook. An extension higher would
open 139.85. On the downside, a 137.03 break would reverse the trend.

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