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TECHS:(Z18) Bulls Need To Retake 21-dma *RES...>

BTPS
BTPS: TECHS:(Z18) Bulls Need To Retake 21-dma
*RES 4: 129.97 High July 19 (Continuation chart) 
*RES 3: 128.02 High July 17 
*RES 2: 127.70 High Sep 18 
*RES 1: 125.14 21-dma 
*PREVIOUS CLOSE: 123.87 
*SUP 1: 122.58 Low Sep 28 
*SUP 2: 122.15 High Aug 30, now support
*SUP 3: 121.34 Low Sep 4 
*SUP 4: 120.47 Low Sep 3 
Huge losses in BTPs on Friday were partially recovered keeping the short-term
outlook neutral for now. Bulls look for a break back above the 21-dma to regain
the upper hand and target the Sep 18 highs. Bears look to break below Friday's
lows to challenge the early Sep lows. Range trading looks likely in the
meantime.

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