(U9) Increasingly Noisy *RES 4:..........>

BOBL TECHS: (U9) Increasingly Noisy

*RES 4: 112.320 High May 30 2018

*RES 3: 112.175 61.8% retracement from Sep2017-May2018

*RES 2: 112.207 Channel top from March 4 (continuation chart)

*RES 1: 112.140/145 Resistance line from March 27, High June 3/5/6

*PRICE: 112.080 @ 04:59 GMT June 7

*SUP 1: 112.035 Low June 6

*SUP 2: 111.995/990 38.2% retracement Sep2018-May2018/Low May 22

*SUP 3: 111.975 Low May 13

*SUP 4: 111.950 Low May 8

U9 Schatz has struggled for direction over the past few days. Upside risks

continue to prevail as the uptrend remains intact despite running out of a bit

of steam. Focus is on the recent contract high at 112.145 with a break above

here opening up a move to the channel top at 112.207. To the downside,

yesterday's low initially needs to be broken before bears can begin to target

the 38.2% long-term retracement level at 111.995.