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(Z9) Double top confirmed *RES 4:......>

SCHATZ TECHS: (Z9) Double top confirmed
*RES 4: 112.715 Contract high, Sep 3
*RES 3: 112.660 High Sep 4
*RES 2: 112.655 High Sep 5
*RES 1: 112.565 High Sep 6
*PRICE: 112.490 @ 02:56 GMT Sep 10
*SUP 1: 112.485 Low Sep 9 and intraday low
*SUP 2: 112.470 Low Aug 7
*SUP 3: 112.415 50-day EMA
*SUP 4: 112.345 Double top projection
Z9 Schatz selling pressure dominated yesterday and prices have now cleared key
support at 112.530, the low of Aug 22 which also marks the midpoint of a double
top reversal pattern now confirmed. This sets the scene for a deeper pullback
towards the 112.415 level which is where the 50-day EMA intersects. Momentum
studies are in a bear mode highlighting the current bearish theme. On the
upside, resistance is at 112.655.

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