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(M0) Needle Still Points North *RES....>

SCHATZ TECHS
SCHATZ TECHS: (M0) Needle Still Points North
*RES 4: 112.482 1.500 projection of the Mar 25 - 30 rally from Apr 9 low
*RES 3: 112.470 High Mar 18
*RES 2: 112 413 50.0% retracement of the Mar 9 - 25 sell-off.
*RES 1: 112.400 High May 4
*PRICE: 112.350 @ 05:00 BST May 6
*SUP 1: 112.255 Low May 4
*SUP 2: 112.215 High Apr 20
*SUP 3: 112.175 Low Apr 30
*SUP 4: 112.075 Low Apr 23 and key support
Schatz futures traded sharply higher Apr 30 resulting in a print above 112.270,
Apr 30 high and extended the rally Monday. Despite pulling back from Monday's
high, a bullish theme remains in place. The move above 122.270 is an important
break and reinforces a bullish theme. The next objective is 50% of the sell-off
between Mar 9 - 25 at 112.413. Initial support lies at 112.255, May 4 low ahead
of the 112.215, Apr 20 high.

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