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TECHS: (U9) Strong impulsive rally extends.....>

BTPS
BTPS: TECHS: (U9) Strong impulsive rally extends
*RES 4: 141.00 Round number resistance
*RES 3: 140.40 2.00 Fibonacci projection of May 31-Jun 7 rally from Jun 12 low
*RES 2: 140.00 Round number resistance
*RES 1: 139.85 U9 contract high Jul 3
*PRICE: 138.87 @ Close Jul 3
*SUP 1: 138.53 Former channel top drawn off the May 31 low
*SUP 2: 137.12 Low Jul 3
*SUP 3: 135.13 Jun 20 high and former bull trigger
*SUP 4: 134.93 Trendline support drawn off the May 31 low
U9 BTPS experienced a sharp impulsive acceleration of the uptrend yesterday,
breaking above the bull channel top at 138.25. The channel is drawn from the May
31 low. While some consolidation is possible near-term, bullish trend conditions
remain firmly in place and any pullback would be viewed as a correction. This
weeks rally has exposed 140.00 and 140.40. The latter is a 2.00 Fibonacci
projection. 137.12 is first support.

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