(U18) Recovery Facing Triple...........>

SCHATZ TECHS: (U18) Recovery Facing Triple Resistance From 112.140

*RES 4: 112.240 0.2% volatility band

*RES 3: 112.210 61.8% Fibo of 112.420/111.860

*RES 2: 112.180 1.618 swing of 112.140-112.080

*RES 1: 112.140 50% Fibo of 112.420/111.860, Jun 21 high

*PRICE: 112.110 @1605GMT

*SUP 1: 112.080 Jun 22 low

*SUP 2: 112.060 Jun 5, Jun 8 highs, now support

*SUP 3: 112.030 Jun 15 high, now support

*SUP 4: 112.000 Jun 20 low

*COMMENTARY* Last Thursday's move above 112.060 has allowed a 112.140 rise so

far, this also an equality move from 111.970 to the prior 111.860-112.030 rally,

seen in the middle of the month. Will need to find the strength to break this

triple resistance area, before the chance of extending gains toward

112.180-112.210 next. In the interim, support comes from Friday's 112.080 low

and then more importantly between 112.060-112.030.