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TECHS: (Z9) Still In A Corrective Phase *RES...>

BTPS
BTPS: TECHS: (Z9) Still In A Corrective Phase
*RES 4: 143.93 High Nov 7
*RES 3: 143.07 Low Sep 9 and former breakout point
*RES 2: 142.56 High Nov 8
*RES 1: 142.36 High Nov 21
*PRICE: 142.23 @ Close Nov 25
*SUP 1: 141.12 Low Nov 19
*SUP 2: 140.24 Low Nov 14 and bear trigger
*SUP 3: 140.00 Round number support
*SUP 4: 138.83 Low Sep 19
Broader bearish conditions in Z9 BTPS still prevail although for now, futures
appear to still be in a corrective phase. The recent break of former key support
at 143.07, Sep 11 low on Nov 11 confirmed a reversal and brought to an end a
long period of consolidation that had been in place since Sep 12. This break
lower remains relevant and scope is seen for a move to 140.00 next and 138.83,
Sep 19 low. Resistance is at 143.07, the former breakout level.

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