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(M9) May 9 High Remains The Upside.....>

SCHATZ TECHS
SCHATZ TECHS: (M9) May 9 High Remains The Upside Target
*RES 4: 112.460 High May 29 (continuation chart) 
*RES 3: 112.135 High June 21, 2018 (continuation chart) 
*RES 2: 112.080 High Aug 15, 2018 (continuation chart) 
*RES 1: 112.025 High May 9 
*PRICE: 111.995 @ 04:55 GMT May 14 
*SUP 1: 111.975 Low May 13 
*SUP 2: 111.937/942 21-dma/Uptrend support from March 20 low 
*SUP 3: 111.894/890 55-dma/Low Apr 30 
*SUP 4: 111.860 Low Apr 15
Schatz futures failed to take out last Thursday's high at 112.025 yesterday but
the pullback has been shallow keeping the focus on the upside. A break above
this level would extend the broader rally and open the Aug 15 high at 112.080 on
the continuation chart. For bears a break below yesterday's low at 111.975 would
stabilise the outlook while a break below the 21-dma/uptrend support at
111.937/942 is needed to suggest a downside reversal.

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