(U18) Below 111.940 To Shift Focus.....>

SCHATZ TECHS: (U18) Below 111.940 To Shift Focus Lower

*RES 4: 112.050 21-DMA 

*RES 3: 112.010 High July 23 

*RES 2: 111.983 55-DMA 

*RES 1: 111.975 Hourly support June 14 now resistance

*PREVIOUS CLOSE: 111.965

*SUP 1: 111.982 Bollinger band base 

*SUP 2: 111.979 55-DMA 

*SUP 3: 111.975 Hourly support June 14 

*SUP 4: 111.940 High June 13 now support

*COMMENTARY: The contract remains capped ahead of the 21-DMA with immediate

focus now on the 111.940 support following the close below the 55-DMA. Bears

still need a close below 111.940 to shift initial focus to 111.865-891 where the

100-DMA is located. Bulls now look for a close above 112.010 to gain breathing

room and above 112.155 to confirm a shift in focus back to 112.270-425 where

2018 highs are noted.