(M9) Briefly Below 112 *RES 4:.........>

SCHATZ TECHS: (M9) Briefly Below 112

*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: 112.040 High May 21 

*PRICE: 112.005 @ 01:59 GMT May 22 

*SUP 1: 111.995 Low May 21 

*SUP 2: 111.979 21-dma

*SUP 3: 111.975 Low May 13 

*SUP 4: 111.919 55-dma 

Schatz futures broke briefly below the 112 level yesterday as the selloff picked

up pace, further weakening the outlook. A break below yesterday's low at

111.995would bring the 21-dma into play at 111.979 ahead of the May 13 low at

111.975. To regain the upper hand bulls target yesterday's high at 112.040,

above which would open the May 15 ytd high at 112.095.