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(M9) Below 112.035 Would Spell.........>

SCHATZ TECHS
SCHATZ TECHS: (M9) Below 112.035 Would Spell Trouble
*RES 4: 112.460 High May 29 (continuation chart) 
*RES 3: 112.135 High June 21, 2018 (continuation chart) 
*RES 2: 112.095 High May 15 
*RES 1: 112.070 High May 17 
*PRICE: 112.040 @ 01:55 GMT May 20 
*SUP 1: 112.035 Low May 16 
*SUP 2: 111.975 Low May 13 
*SUP 3: 111.969/950 21-dma/Uptrend support from March 20 low 
*SUP 4: 111.910/890 55-dma/Low Apr 30 
Schatz futures are trading heavy as Friday's failure to take out the ytd highs
has seen some downside momentum emerge. A break below 112.035 would suggest a
downside reversal to the May 13 low at 111.975. The 21-dma/uptrend support comes
in below here at 111.969/950. Bulls target Friday's high at 112.070, above which
would open Wednesday's ytd high at 112.095.

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