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TECHS:(Z18) Potential Bullish Reversal *RES...>

BTPS: TECHS:(Z18) Potential Bullish Reversal 
*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: 123.48 55-dma 
*SUP 1: 118.39 Low Oct 9 
*SUP 2: 118.00 Channel bottom (continuation chart) 
*SUP 3: 117.87 Low May 8, 2013 (continuation chart) 
*SUP 4: 113.64 Low Jan 3, 2014 (continuation chart) 
BTP futures closed weaker yesterday despite recovering early losses to overcome
Tuesday's high at one point. The weak close keeps the focus on the downside with
a close below 118.39 still needed to extend the downtrend towards the bear
channel bottom at 118.00. for the bulls, the 120 level is key in the near term,
and a break above here would allow a challenge of the 55-dma at 123.48.

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