(U18) Bears Need Close Below 111.910...>

SCHATZ TECHS: (U18) Bears Need Close Below 111.910

*RES 4: 112.155 Hourly resistance May 30 

*RES 3: 112.120 High May 31 

*RES 2: 112.065 High June 5 

*RES 1: 112.015 Hourly support June 8 now resistance

*PREVIOUS CLOSE: 111.945

*SUP 1: 111.941 21-DMA 

*SUP 2: 111.910 Low June 7 

*SUP 3: 111.822 55-DMA 

*SUP 4: 111.815 Alternating daily support/resistance

*COMMENTARY: Hesitation at 112.065 saw losses Monday with the contract currently

pressuring the 111.910-941 region where the 21-DMA is located. Bears now look

for a close below 111.910 to confirm a break and immediate focus on 111.798-822

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.