Schatz well and truly stuck in a range from 110.59 up to January/February/March highs at 110.66. Someone does not want this contract to break higher! Immediate support is 110.63/62 then the 3 week low at 110.59/58. However if prices continue lower look for 110.56/55 with failure here to offer a buying opportunity at 110.51/50.
Only a sustained break above June's high of 110.675/685 would continue the bull run & target 110.71/72, possibly as far as110.78/79 this week.