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TECHS: (Z18) Still Capped By 100-DMA *RES.....>

BTPS
BTPS: TECHS: (Z18) Still Capped By 100-DMA 
*RES 4: 132.88 High May 28 (Continuation chart) 
*RES 3: 129.97 High July 19 (Continuation chart) 
*RES 2: 128.02 High July 17 
*RES 1: 126.00 100-DMA 
*PREVIOUS CLOSE: 125.41 
*SUP 1: 124.24 55-DMA 
*SUP 2: 123.30 High Aug 22 now support 
*SUP 3: 122.97 21-DMA 
*SUP 4: 120.47 Low Sep 3 
Since being rejected by the 100-dma in the middle of last week Dec-18 BTP
futures have drifted lower with support at the 55-dma now coming into focus. A
break below here would open the 21-dma at 122.74, giving bears the upper hand.
Bulls need a break above the 100-dma at 126.00 to extend the rally and target
the July 17 highs at 128.02. 

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