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(M0) Uptrend Remains Intact *RES 4:....>

SCHATZ TECHS
SCHATZ TECHS: (M0) Uptrend Remains Intact
*RES 4: 112.470 High Mar 18
*RES 3: 112 413 50.0% retracement of the Mar 9 - 25 sell-off.
*RES 2: 112.400 High May 4
*RES 1: 112.370 Intraday high
*PRICE: 112.305 @ 05:03 BST May 11
*SUP 1: 112.230 Low May 7
*SUP 2: 112.215 High Apr 20
*SUP 3: 112.199 50-day EMA
*SUP 4: 112.175 Low Apr 30
Schatz outlook is unchanged and still bullish. Futures traded higher Apr 30
resulting in a print above 112.270, Apr 30 high. Despite still trading below
112.400, May 4 high, a bullish theme remains in place. Recent gains above
122.270 marked an important break defining a positive price sequence of higher
highs and higher lows. The next objective is 50% of the sell-off between Mar 9 -
25 at 112.413. Initial support lies at 112.230 ahead of 112.215.

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