TECHS: (Z18) Focus Remains On The Oct 29.......>

BTPS: TECHS: (Z18) Focus Remains On The Oct 29 High

*RES 4: 129.97 High Jul 19 (continuation chart) 

*RES 3: 127.70 High Sep 18 

*RES 2: 125.71 Low Sep 24 now resistance 

*RES 1: 123.21 High Oct 29 

*PREVIOUS CLOSE: 122.75 

*SUP 1: 121.00 21-dma 

*SUP 2: 117.77 Low Oct 19 

*SUP 3: 113.64 Low Jan 3, 2014 (continuation chart) 

*SUP 4: 108.60 Low Apr 10, 2013 (continuation chart) 

BTP futures have been in a holding pattern over the past week with bulls looking

to overcome the Oct 29 high at 123.21 to shift the outlook positive. Above here

would open the Sep 18 high and suggest a large bottoming pattern is playing out.

Bears need a close below the 21-dma at 121.00 to return the focus to the Oct 19

lows at 117.77, below which would open the Jan 2014 lows at 113.64 on the

continuation chart.