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BLOCKs, Dec'22 Outright, Mar'23/Red Dec'23 Spd


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BLOCKs, Pre/Post Data Cross Update

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BTPS: TECHS: (Z9) Evening star reversal?
*RES 4: 147.51 2.000 projection of Aug 19 - Aug 22 rally from Aug 30 low
*RES 3: 146.65 1.618 projection of Aug 19 - Aug 22 rally from Aug 30 low
*RES 2: 146.00 Round number resistance147.99
*RES 1: 145.94 Contract high Sep 4 and key resistance
*PRICE: 145.05 @ Close Sep 6
*SUP 1: 143.84 Low Sep 5 and key intraday support
*SUP 2: 143.71 Low Sep 2
*SUP 3: 143.20 Low Aug 30
*SUP 4: 142.30/19 Low Aug 28 / 20-day EMA
Z9 BTPS found support Friday. The focus is on last week's candlestick reversal.
Thursday's close confirmed a 3-day pattern known as an evening star. This is an
early warning sign of a top. Prices also tested trendline support at 144.08
Thursday, drawn off the Aug 9 low. A move through 143.84 would confirm a
trendline break and reinforce the reversal threat. Key resistance is 145.94, a
break negates the above set-up and would confirm a resumption of the uptrend.

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