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TECHS: (Z18) Stability Resumes *RES 4:........>

BTPS
BTPS: TECHS: (Z18) Stability Resumes 
*RES 4: 127.70 High Sep 18 
*RES 3: 125.71 Low Sep 24 now resistance 
*RES 2: 124.16 High Oct 1 
*RES 1: 122.60 55-dma 
*PREVIOUS CLOSE: 121.30 
*SUP 1: 117.77 Low Oct 19 
*SUP 2: 113.64 Low Jan 3, 2014 (continuation chart) 
*SUP 3: 108.60 Low Apr 10, 2013 (continuation chart) 
*SUP 4: 106.39 Low Jun 28, 2013 (continuation chart) 
Dec-18 BTPs remain clear of the 120 level has some stability has returned, and
bulls now look to overcome the 55-dma and the Oct 22 high at 122.60/74. Above
here would create a potential bullish reversal targeting the the Sep highs.
Bears look to break below the Oct 19 low at 117.77 to extend the downtrend to
new multi-year lows.

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