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TECHS: (Z9) Consolidation Dominates *RES 4:....>

BTPS
BTPS: TECHS: (Z9) Consolidation Dominates
*RES 4: 147.46 0.618 projection of Aug 19 - Sep 4 rally from Sep 11 low
*RES 3: 147.00 Round number resistance
*RES 2: 146.61 Contract high Sep 12 and bull trigger
*RES 1: 146.11 High Sep 25
*PRICE: 145.19 @ Close Oct 9
*SUP 1: 144.83 Low Oct 2
*SUP 2: 144.21 Low Sep 13
*SUP 3: 143.07 Low Sep 11 and key support
*SUP 4: 142.30 Low Aug 28
Z9 BTPS remains unchanged and is still unable to shake off the consolidative
tone that has dominated activity since mid-September. For now, the overall
outlook remains bullish with attention on 146.61, Sep 12 high. A break would
confirm a resumption of the uptrend opening 147.00 and 147.46. Note, the longer
the consolidation drags on, the risk this current sideways move ultimately
reverses lower increases. Key support to watch is 143.07, Sep 11 low.

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