(M9) Falling Short Of Contract Highs...>

SCHATZ TECHS: (M9) Falling Short Of Contract Highs

*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: 112.080 High May 28 

*PRICE: 112.060 @ 01:40 GMT May 29 

*SUP 1: 112.020 Low May 27, 24 

*SUP 2: 112.007/111.990 21-dma/Low May 22 

*SUP 3: 111.975 Low May 13 

*SUP 4: 111.960 High April 26 

Schatz futures extended gains as high as 112.080 yesterday before closing well

off its highs but the broader bullish trend remains intact. Bulls need to take

out yesterday's highs to mount a run at the May 15 contract high at 112.095,

with a break opening the June 21, 2018 highs on the continuation chart. Bears

need to push below the 112.020 level to open the 21-dma/May 22 low at

112.007/111.990. Below here sits the May 13 low at 111.975.