(H18) 21-DMA Supporting, 111.950.......>

SCHATZ TECHS: (H18) 21-DMA Supporting, 111.950 Resistance Key

*RES 4: 111.985 High Jan 11 

*RES 3: 111.975 55-DMA 

*RES 2: 111.952 Bollinger band top 

*RES 1: 111.950 High Jan 23

*PREVIOUS CLOSE: 111.905

*SUP 1: 111.895 Low Feb 13 

*SUP 2: 111.870 21-DMA 

*SUP 3: 111.835 Low Feb 9 

*SUP 4: 111.800 Low Feb 8

*COMMENTARY: Bulls take comfort in a close above the bear channel top but the

111.950 resistance remains key. Bulls continue to look for a close above 111.950

to shift initial focus to 111.975-112.035 where 55 & 100-DMAs are noted, and

above 112.035 to target 112.240 Dec highs. Bears now need a close below the

21-DMA to gain breathing room and reconfirm focus on tests of 2018 lows with

overall focus then reconfirmed on the 200-WMA (111.639).