(U0) Still Looking For Gains *RES 4:...>

SCHATZ TECHS: (U0) Still Looking For Gains

*RES 4: 112.196 61.8% retracement of the May 4 - Jun 8 sell-off (cont)

*RES 3: 112.180 High May 22

*RES 2: 112.145 High May 26

*RES 1: 112.135 High Jun 12 and the bull trigger

*PRICE: 112.105 @ 05:08 BST Jun 22

*SUP 1: 112.030 Low Jun 17

*SUP 2: 111.975 Low Jun 11

*SUP 3: 111.910 Low Jun 5 and Jun 8 and the bear trigger

*SUP 4: 111.887 1.382 projection of May 22 - May 27 sell-off off Jun 2 high

Schatz futures maintain a bullish outlook. Gains between Jun 8 - 15 signal an

end to the prior downtrend and suggest scope for a stronger recovery near-term.

A break of 112.135, Jun 15 high would trigger a resumption of gains and open

112.180, May 22 high. Initial firm support lies at 111.975, Jun 11 low.

Clearance of this support would reverse the outlook and expose 111.910, Jun 5 /

8 low. First support is 112.030.