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TECHS: (Z18) Still Holding Above 21-DMA *RES...>

BTPS
BTPS: TECHS: (Z18) Still Holding Above 21-DMA
*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: 122.11 
*SUP 1: 121.20 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 recovered their early losses on Friday keeping the 21-dma support
level intact. Bulls continue to target 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 121.20
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.

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