(U0) Bearish Focus *RES 4: 112.115.....>

SCHATZ TECHS: (U0) Bearish Focus

*RES 4: 112.115 High Jun 2 and key resistance

*RES 3: 112.070 High Jun 3

*RES 2: 112.015 High Jun 2 and key near-term resistance

*RES 1: 112.005 High Jun 8

*PRICE: 111.990 @ 04:52 BST Jun 11

*SUP 1: 111.910 Low Jun 5 and Jun 8

*SUP 2: 111.887 1.382 projection of May 22 - May 27 sell-off off Jun 2 high

*SUP 3: 111.880 Low Jan 21 YTD low (cont)

*SUP 4: 111.868 1.500 projection of May 22 - May 27 sell-off off Jun 2 high

Schatz futures are unchanged and remain bearish with recent gains considered

corrective. The break last week of 112.015, May 27 low confirmed a resumption of

the current downtrend and maintains a bearish price sequence of lower lows and

lower highs that defines a downtrend. Major support at 111.925, Mar 25 low

(cont) has been probed. A clear break would open 111.880. Resistance is seen at

112.015, May 27 low.