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

SCHATZ TECHS
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.

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