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TECHS: (Z18) 6 Day Rally Shows No Sign Of......>

BTPS
BTPS: TECHS: (Z18) 6 Day Rally Shows No Sign Of Ending
*RES 4: 132.88 High May 28 (Continuation chart) 
*RES 3: 129.97 High July 19 (Continuation chart) 
*RES 2: 128.02 High July 17 
*RES 1: 126.44 100-DMA 
*PREVIOUS CLOSE: 125.73 
*SUP 1: 124.16 55-DMA 
*SUP 2: 122.18 21-DMA 
*SUP 3: 120.47 Low Aug 16 
*SUP 4: 122.05 Low June 8 (Continuation chart) 
The Dec-18 BTP made it to six consecutive daily gains after yesterday's strong
up day, which now brings the 100-dma firmly into focus at 126.44. Above here
would open up the July 17 highs at 128.02 and hint at a large double bottom
formation. Bears need to close back below the 55-dma to take some near-term
pressure off and close back below the 21-dma to return the focus lower, but this
is looking increasingly unlikely given recent price action.

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