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TECHS: (Z18) Bearish Close Turns Outlook.......>

BTPS
BTPS: TECHS: (Z18) Bearish Close Turns Outlook Neutral 
*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: 126.34 100-DMA 
*PREVIOUS CLOSE: 125.38
*SUP 1: 124.16 55-DMA 
*SUP 2: 122.36 21-DMA 
*SUP 3: 120.47 Low Sep 3
*SUP 4: 122.05 Low June 8 (Continuation chart) 
The 100-dma acted as strong resistance for the Dec-18 BTP yesterday, with a
bounce off this level delivering a blow to the recent uptrend and ending a
streak of six consecutive daily gains. Bears now look to target the 55-dma at
124.16 and the 21-dma at 122.36 to regain the upper hand. A close above the
100-dma would suggest a continuation of the broader uptrend. 

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