(U9) Trigger for a trend resumption....>

SCHATZ TECHS: (U9) Trigger for a trend resumption is 112.325 break

*RES 4: 112.549 4.618 Fibonacci swing proj of May 10-May 15 move from May 22 low

*RES 3: 112.429 3.618 Fibonacci swing proj of May 10-May 15 move from May 22 low

*RES 2: 112.325 Contract high Jun 18 and bull trigger

*RES 1: 112.295 High Jun 28

*PRICE: 112.270 @ 02:59 GMT July 1

*SUP 1: 112.220 Low Jun 19 and 21 and key near-term support

*SUP 2: 112.160 Low Jun 19

*SUP 3: 112.118 Trendline support drawn off the May 10 low

*SUP 4: 112.035 Low June 6

U9 Schatz remains in an uptrend. For now though, consolidation dominates. From a

trend perspective, the key resistance and bull trigger is the Jun 18 high of

112.325. A break of this level would confirm a resumption of the uptrend paving

the way for a climb towards the 112.500 handle. Initial support has been defined

at 112.220, the base of the current consolidation. A move below 112.220 would

expose a deeper pullback with trendline support at 112.118.