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TECHS: (Z9) Contract high *RES 4: 148.00.......>

BTPS
BTPS: TECHS: (Z9) Contract high
*RES 4: 148.00 Round number resistance
*RES 3: 147.46 0.618 projection of Aug 19 - Sep 4 rally from Sep 11 low
*RES 2: 147.00 Round number resistance
*RES 1: 146.61 Contract high Sep 12
*PRICE: 145.57 @ Close Sep 12
*SUP 1: 143.07 Low Sep 11
*SUP 2: 142.62/30 20-day EMA / Low Aug 28
*SUP 3: 141.14 Low Aug 27
*SUP 4: 140.22 Low Aug 23
Z9 BTPS was the exception to the rule in the EGB space yesterday as it rallied
to print a fresh contract high at 146.61. Selling pressure did emerge off the
high, however yesterday's price action confirms a resumption of the uptrend.
Whether the latest rally can be maintained will depend on support at 143.07,
yesterday's low. If breached, this will signal the onset of a more meaningful
correction. For now, the uptrend remains in place and 147.00 is within reach.

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