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(U18) Bears Need Close Below 112.055...>

SCHATZ TECHS
SCHATZ TECHS: (U18) Bears Need Close Below 112.055
*RES 4: 112.270 High May 30 
*RES 3: 112.155 Hourly resistance May 30 
*RES 2: 112.151 Bollinger band top 
*RES 1: 112.135 High June 21
*PREVIOUS CLOSE: 112.115
*SUP 1: 112.075 Low June 25 
*SUP 2: 112.055 Hourly support June 21 
*SUP 3: 112.024 21-DMA 
*SUP 4: 111.975 Hourly support June 14
*COMMENTARY: Bulls take comfort in the closes above 112.065 with a close above
112.155 remaining needed to confirm a shift in focus back to 112.270-425 where
2018 highs are noted. Support layers building added to bullish confidence. Bears
now need a close below 112.055 to gain breathing room and below 111.940 to shift
focus back to 111.815-881 where 55 (111.881) & 100 (111.841) DMAs are noted.

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