(U18) 111.940-975 Support Region Key...>

SCHATZ TECHS: (U18) 111.940-975 Support Region Key

*RES 4: 112.155 Hourly resistance May 30 

*RES 3: 112.138 Bollinger band top 

*RES 2: 112.135 High June 21 

*RES 1: 112.085 Lows July 2 & 3 now resistance

*PREVIOUS CLOSE: 112.030

*SUP 1: 112.027 Rising daily TL off May low 

*SUP 2: 112.000 Low July 5 

*SUP 3: 111.975 Hourly support June 14 

*SUP 4: 111.940 High June 13 now support

*COMMENTARY: Bears failed to capitalise on past week's dips with support

emerging ahead of 111.975. 111.940 remains key support. Bears need a close below

111.975 to confirm an easing of bullish pressure and below 111.940 to shift

initial focus to 111.815-887 where the 100-DMA is located. Bulls continue to

look for a close above 112.085 to gain breathing room and above 112.155 to

confirm a shift in focus back to 112.270-425 where 2018 highs are noted.