(M9) Downtrend Remains Intact *RES.....>

SCHATZ TECHS: (M9) Downtrend Remains Intact

*RES 4: 111.919/925 100-dma/High Feb 8 (continuation chart) 

*RES 3: 111.910 High Feb19 (continuation chart) 

*RES 2: 111.895/888 High Feb 26/50-dma (continuation chart) 

*RES 1: 111.870 High Mar 8 

*PRICE: 111.835 @ 05:14 GMT Mar 11 

*SUP 1: 111.820 Low Mar 8 

*SUP 2: 111.755 Low Mar 7 

*SUP 3: 111.795 Low Mar 6 

*SUP 4: 111.740 Low Mar 5 

Jun-19 Schatz futures hit marginal new highs on Friday but failed to cling to

gains. Focus now shifts to the Friday's low at 111.820 ahead of Thursday's low

at 111.755. Below here would bring the March 5/6 lows into focus. To reignite

upside momentum bulls look to take out Friday's high at 111.870. Above here

would see a break above down trendline resistance from the Jan 16 highs on the

continuation chart, opening the 50-dma at 111.888.