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TECHS: (Z9) Probes Key Support *RES 4:.........>

BTPS
BTPS: TECHS: (Z9) Probes Key Support
*RES 4: 146.11 High Sep 25
*RES 3: 145.14 High Oct 16
*RES 2: 144.64 High Oct 31 and near-term key resistance
*RES 1: 143.86 High Nov 11
*PRICE: 143.47 @ Close Nov 6
*SUP 1: 142.93 Low Nov 6 and intraday bear trigger
*SUP 2: 142.30 Low Aug 28
*SUP 3: 141.14 Low Aug 27
*SUP 4: 140.36 Low Aug 26
Z9 BTPS remains softer and yesterday finally, futures did probe the key support
at 143.07, Sep 11 low. A clear break of this support would provide a more
meaningful bearish directional signal and would also confirm a reversal.
Momentum studies have been trending down since early September and suggest a
clear break lower would have momentum in support. This would open 142.30
initially. Resistance for now is at 143.86.

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