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(M0) Finds Support Ahead Of 112.175....>

SCHATZ TECHS
SCHATZ TECHS: (M0) Finds Support Ahead Of 112.175
*RES 4: 112 413 50.0% retracement of the Mar 9 - 25 sell-off
*RES 3: 112.400 High May 4
*RES 2: 112.370 High May 11
*RES 1: 112.180 High May 12
*PRICE: 112.230 @ 05:10 BST May 13
*SUP 1: 112.180 Low May 12
*SUP 2: 112.175 Low Mar 30
*SUP 3: 112.145 Low Mar 29
*SUP 4: 112.090 Low Apr 28
Schatz traded lower again yesterday, however futures found support at the day
low of 112.180 leaving support at 112.175, Mar 30 low intact. Despite the recent
pullback, the outlook remains bullish. Futures traded higher Apr 30 resulting in
a break of 112.270, Apr 30 high. This confirmed a bullish theme and a positive
price sequence of higher highs and higher lows. Attention is on a climb towards
the bull trigger at 112.400, May 4 high. Support is at 112.175.

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