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(M9) Upside Break *RES 4: 112.460......>

SCHATZ TECHS
SCHATZ TECHS: (M9) Upside Break
*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: 112.045 High May 14 
*PRICE: 112.035 @ 05:09 GMT May 15 
*SUP 1: 111.975 Low May 13 
*SUP 2: 111.945/952 21-dma/Uptrend support from March 20 low 
*SUP 3: 111.898/890 55-dma/Low Apr 30 
*SUP 4: 111.860 Low Apr 15 
Schatz futures registered new highs yesterday as the rally gains momentum. Bulls
now look to the Aug 15 high at 112.080 on the continuation chart as the next
upside target ahead of the June 21 highs at 112.135. For bears a break below
Monday's low at 111.975 would stabilise the outlook while a break below the
21-dma/uptrend support at 111.945/952 is needed to suggest a downside reversal.

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