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TECHS:(Z18) Key Lows Remain Intact For Now.....>

BTPS
BTPS: TECHS:(Z18) Key Lows Remain Intact For Now
*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: 123.92 55-dma 
*PREVIOUS CLOSE: 121.99 
*SUP 1: 120.47 Low Sep 3 
*SUP 2: 120.10 Low May 29 (continuation chart) 
*SUP 3: 118.00 Channel bottom 
*SUP 4: 117.87 Low May 8, 2013 
The recovery off of Tuesday's lows continues but lacks an impulsive feel. Bulls
need to recover the 55-dma at 123.92 to shift the outlook bullish and target the
Sep 18 high at 127.70. A break below Tuesday's low at 120.47 would strengthen
the bearish case, targeting the key Sep 3 low at 120.47 ahead of a run at the
May 29 low on the continuation chart at 120.10. 

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