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(U9) Trend remains bullish, support....>

SCHATZ TECHS
SCHATZ TECHS: (U9) Trend remains bullish, support lies at 112.220
*RES 4: 112.669 5.618 Fibonacci swing proj of May 10-15 move from May 22 low
*RES 3: 112.549 4.618 Fibonacci swing proj of May 10-15 move from May 22 low
*RES 2: 112.429 3.618 Fibonacci swing proj of May 10-15 move from May 22 low
*RES 1: 112.325 Contract high Jun 18
*PRICE: 112.235 @ 03.15 GMT June 27
*SUP 1: 112.220 Low Jun 19 and 21 and key near-term support
*SUP 2: 112.160 Low Jun 19
*SUP 3: 112.109 Trendline support drawn off the May 10 low
*SUP 4: 112.035 Low June 6
U9 Schatz remains in an uptrend however for now some consolidation is likely to
dominate. Last Tuesday's strong standard line, a Japanese candle continuation
pattern, marks the most recent key technical development & reinforces the
positive tone. Furthermore, a sequence of higher highs & higher lows still
dominates. Initial support has been defined at 112.220 with the focus now on the
bull trigger at 112.325. Any move below 112.220 would expose a deeper pullback.
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