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(U18) 112-065-155 Resistance Region....>

SCHATZ TECHS
SCHATZ TECHS: (U18) 112-065-155 Resistance Region Key
*RES 4: 112.270 High May 30 
*RES 3: 112.155 Hourly resistance May 30 
*RES 2: 112.120 High May 31 
*RES 1: 112.065 High June 5
*PREVIOUS CLOSE: 112.045
*SUP 1: 111.985 Low June 8 
*SUP 2: 111.933 21-DMA 
*SUP 3: 111.910 Low June 7 
*SUP 4: 111.815 Alternating daily support/resistance
*COMMENTARY: Bulls take comfort in the lack of traction below the 21-DMA on the
dip Thursday leaving bears needing a close below 111.910 to confirm a break and
immediate focus on 111.796-817 where 55 & 100-DMAs are located. Layers of
resistance remain 112.065-155 that are seen as key. Bulls need a close above
112.065 to gain breathing room and above 112.155 to shift focus back to
112.270-425 where 2018 highs are noted.

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