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(U9) Upside Focus Maintained *RES 3:...>

SCHATZ TECHS
SCHATZ TECHS: (U9) Upside Focus Maintained
*RES 3: 112.460 High May 29 (continuation chart)
*RES 2: 112.205 High May 31 (continuation chart)
*RES 1: 112.140/145 Resistance line from March 27, High June 3/5
*PRICE: 112.130 @ 04:40 GMT June 6
*SUP 1: 112.060 Low 3, 4 June
*SUP 2: 112.047/020 21-dma/Low May 27, 24
*SUP 3: 111.990 Low May 22
*SUP 4: 111.975 Low May 13
Upside risks prevail for U9 Schatz as daily slow-stochastics look poised to
cross bullishly and the 14-day RSI begins to turn higher. Both studies whilst
overbought are still well below previous historic levels of reversal. Focus is
on the recent contract high at 112.145.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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