(U18) Bulls Dominate While 111.940.....>

SCHATZ TECHS: (U18) Bulls Dominate While 111.940 Supports

*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: 112.000

*SUP 1: 111.971 21-DMA 

*SUP 2: 111.940 High June 13 now support 

*SUP 3: 111.865 Low June 14 

*SUP 4: 111.832 55-DMA

*COMMENTARY: Despite looking offered Thursday bulls gained breathing room with

an aggressive rally and bullish close that sees focus back on 112.065-155. Bulls

now need a close above 112.065 to hint at a move back to 112.270-425 where 2018

highs are noted with above 112.155 to confirm. The 21-DMA is initial support but

bears now need a close below 111.940 to ease renewed bullish pressure and shift

focus back to 111.805-865 where 55 & 100-DMAs are noted.