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TECHS: (Z9) Likely to stay soft *RES 4:........>

BTPS
BTPS: TECHS: (Z9) Likely to stay soft
*RES 4: 146.00 Round number resistance147.99
*RES 3: 145.94 Contract high Sep 4 and key resistance
*RES 2: 145.23 High Sep 6
*RES 1: 144.63 High Sep 10
*PRICE: 144.07 @ Close Sep 11
*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: 140.00 Round number support
Z9 BTPS found support yesterday off the days low. Selling pressure however is
expected to dominate with a bearish tone holding for now. The recent move lower
follows last week's candlestick reversal signal. The close on Sep 5, confirmed a
3-day pattern known as an evening star, an early warning sign of a top. Prices
have since also cleared a S/T trendline support drawn off the Aug 9 low. The
focus is on 142.30 next, Aug 28 low. 145.23 marks resistance.

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