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(M9) Lower Highs *RES 4: 112.460.......>

SCHATZ TECHS: (M9) Lower 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: 112.070 High May 17 
*PRICE: 112.040 @ 01:55 GMT May 21 
*SUP 1: 112.020 Low May 20
*SUP 2: 111.975 Low May 13 
*SUP 3: 111.976 21-dma
*SUP 4: 111.915/890 55-dma 
Schatz futures have posted a series of lower highs as bears look to build a
downtrend with yesterday's low at 112.020 the initial downside target. Below
here would suggest a downside reversal to the May 13 low at 111.975. The 21-dma
comes in below here at 111.976. To regain the upper hand bulls target Friday's
high at 112.070, above which would open Wednesday's ytd high at 112.095.

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