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(U18) Above 112.155 To Shift Focus.....>

SCHATZ TECHS
SCHATZ TECHS: (U18) Above 112.155 To Shift Focus Higher
*RES 4: 112.155 Hourly resistance May 30 
*RES 3: 112.135 High June 21 
*RES 2: 112.075 Hourly support July 4 now resistance 
*RES 1: 112.055 Hourly support June 29 now resistance
*PREVIOUS CLOSE: 112.030
*SUP 1: 112.021 Daily bull channel base off June low 
*SUP 2: 111.975 Hourly support June 14 
*SUP 3: 111.940 High June 13 now support 
*SUP 4: 111.914 55-DMA
*COMMENTARY: Bears take comfort in the close below 112.055 although the contract
is finding support around a bull channel base. Bulls now need a close above
112.075 to gain breathing room and above 112.155 to confirm a shift in focus
back to 112.270-425 where 2018 highs are noted. The 111.940 support remains key.
Bears need a close below this level to shift focus back to 111.815-914 where 55
& 100 (111.863) DMAs are noted.

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