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TECHS:(Z9) Stuck In Range *RES 4: 147.46.......>

BTPS
BTPS: TECHS:(Z9) Stuck In Range
*RES 4: 147.46 0.618 projection of Aug 19 - Sep 4 rally from Sep 11 low
*RES 3: 147.00 Round number resistance
*RES 2: 146.61 Contract high Sep 12 and bull trigger
*RES 1: 146.11 High Sep 25
*PRICE: 144.90 @ Close Oct 2
*SUP 1: 144.21 Low Sep 13
*SUP 2: 143.07 Low Sep 11 and key support
*SUP 3: 142.30 Low Aug 28
*SUP 4: 141.14 Low Aug 27
Z9 BTPS edged lower Wednesday but has yet to break out of the tight range that
dominates activity for now. The underlying bull trend remains intact with the
focus on 146.61, Sep 12 high. A break would confirm a resumption of the uptrend
opening 147.00. Key support remains 143.07, Sep 11 low. If breached, this will
signal the start of a correction. Bearish divergence between price and momentum
exists, its relevance will increase if 143.07 is cleared.

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