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TECHS: (Z9) Moving Sideways *RES 4: 147.00.....>

BTPS
BTPS: TECHS: (Z9) Moving Sideways
*RES 4: 147.00 Round number resistance
*RES 3: 146.61 Contract high Sep 12 and bull trigger
*RES 2: 146.11 High Sep 25
*RES 1: 145.14 High Oct 16
*PRICE: 144.34 @ Close Oct 25
*SUP 1: 143.77 Low Oct 21
*SUP 2: 143.40 50-day EMA
*SUP 3: 143.07 Low Sep 11 and key support
*SUP 4: 142.30 Low Aug 28
Z9 BTPS is going nowhere fast as futures continue to trade in a consolidative
manner which has been in place since Sep 13. To provide a more meaningful
bearish directional signal, prices need to trade below key support at 143.07,
Sep 11 low. A break would confirm a broader top and also signal a reversal.
Initial resistance for now is at 145.14. Key resistance and the bull trigger
though is at 146.61, Sep 12 high.

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