(H18) 111.900 Resistance Key This......>

SCHATZ TECHS: (H18) 111.900 Resistance Key This Week

*RES 4: 111.985 High Jan 11 

*RES 3: 111.950 High Jan 23 

*RES 2: 111.900 Hourly support Jan 25 now resistance 

*RES 1: 111.870 Hourly resistance Jan 26

*PREVIOUS CLOSE: 111.860

*SUP 1: 111.785 Hourly support Jan 29 

*SUP 2: 111.765 2018 Low Jan 29 

*SUP 3: 111.750 Monthly Low May 3 2016 

*SUP 4: 111.624 200-WMA

*COMMENTARY: The lack of follow through on recent 2018 lows sees the contract

recovering lost ground and pressuring layers of resistance. Bulls now need a

close above 111.900 to confirm breaks of the 21-DMA (111.887) and bear channel

top (111.860) to shift initial focus to 111.950-000. While 111.900 caps bears

remain focused on the 200-WMA with a close below 111.750 needed to add weight to

their case.