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(H18) 112.190-240 Resistance Region....>

SCHATZ TECHS
SCHATZ TECHS: (H18) 112.190-240 Resistance Region Key
*RES 4: 112.325 High Apr 18 
*RES 3: 112.270 Monthly high Sept 7 
*RES 2: 112.240 High Dec 7 
*RES 1: 112.190 High Dec 11
*PREVIOUS CLOSE: 112.160
*SUP 1: 112.127 21-DMA 
*SUP 2: 112.103 55-DMA 
*SUP 3: 112.095 100-WMA 
*SUP 4: 112.025 Monthly Lows Oct 26 & Nov 30
*COMMENTARY: Bulls have failed to gain traction above 112.185 with the bearish
closes Friday and Monday easing bullish pressure and shifting initial focus to
key DMAs. Bears continue to look for a close below the 55-DMA to confirm
immediate pressure back on the double daily bottom at 112.025. Bulls now look
for a close above 112.190 to gain breathing room and above 112.240 to reconfirm
focus on 112.270-325.

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