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(U9) Bulls still in control, support...>

SCHATZ TECHS
SCHATZ TECHS: (U9) Bulls still in control, support lies at 112.160
*RES 4: 112.67 5.618 Fibonacci swing projection of 111.96-112.08 from 112.00
*RES 3: 112.55 4.618 Fibonacci swing projection of 111.96-112.08 from 112.00
*RES 2: 112.434 3.618 Fibonacci swing projection of 111.96-112.08 from 112.00
*RES 1: 112.325 Contract high, Jun 18
*PRICE: 112.240 @ 03.01 GMT June 24
*SUP 1: 112.160 Low Jun 19 and key near-term support
*SUP 2: 112.097 Trendline support drawn off the May 10 low
*SUP 3: 112.035 Low June 6
*SUP 4: 111.995 Low May 22
U9 Schatz bull trend is intact and pullbacks are being viewed as a correction.
Last Tuesday's strong rally marks the most recent key technical development. In
candlestick terms, the day is a standard line which is a continuation pattern,
reinforcing the bullish outlook. Furthermore, a clear overall price sequence of
higher highs and higher lows dominates. On the downside, initial support lies at
112.160. The bull trigger is at last weeks high of 112.325.

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