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(U9) Bulls still in the driving seat...>

SCHATZ TECHS
SCHATZ TECHS: (U9) Bulls still in the driving seat
*RES 4: 112.669 5.618 Fibo swing projection of May 10-15 move from May 22 low
*RES 3: 112.549 4.618 Fibo swing projection of May 10-15 move from May 22 low
*RES 2: 112.429 3.618 Fibo swing projection of May 10-15 move from May 22 low
*RES 1: 112.345 Contract high July 3
*PRICE: 112.300 @ 03:30 GMT July 4
*SUP 1: 112.275 Low Jul 2
*SUP 2: 112.220 Low Jun 19 and 21 and key near-term support
*SUP 3: 112.160 Low Jun 19
*SUP 4: 112.132 Trendline support drawn off the May 10 low
U9 Schatz pushed higher again on Wednesday printing a fresh contract cycle high.
However the market stalled at the days high of 112.345. For now, this level
represents an important short-term resistance. A break would reinforce the
bullish significance of yesterday's move above the former resistance at 112.325.
With bullish conditions in place, the focus is on gains towards the 112.500
handle. Key trend support has been defined at 112.220.

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