(U18) Targeting The July 6 Highs ......>

SCHATZ TECHS: (U18) Targeting The July 6 Highs 

*RES 4: 112.270 High May 30

*RES 3: 112.130 High July 2 

*RES 2: 112.080 High July 6 

*RES 1: 112.040 High July 20 

*PREVIOUS CLOSE: 112.040 

*SUP 1: 111.930 Downtrend resistance now support 

*SUP 2: 111.966 21-DMA 

*SUP 3: 111.850 Low August 1 

*SUP 4: 111.815 May 22 

Bulls looks set to target the July 6 highs at 112.080 as the rally from the

August 1 low gathers pace. Beyond the July 6 highs there is little resistance

all the way up until the May 30 high at 112.270. Bears need to break back below

resistance-turned-support now at 111.930 to gain some breathing room. A break

below the 21-DMA at 111.965 would shift the outlook back to neutral.