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(H18) Above 111.950 Initially..........>

SCHATZ TECHS
SCHATZ TECHS: (H18) Above 111.950 Initially Targets 111.985-112.035
*RES 4: 111.950 High Jan 23 
*RES 3: 111.920 High Feb 6 
*RES 2: 111.895 High Feb 7 
*RES 1: 111.866 21-DMA
*PREVIOUS CLOSE: 111.850
*SUP 1: 111.800 Low Feb 8 
*SUP 2: 111.785 Hourly support Jan 29, Bollinger band base 
*SUP 3: 111.765 2018 Low Jan 29 
*SUP 4: 111.750 Monthly Low May 3 2016
*COMMENTARY: 111.950 resistance confirmed significance with the recovery from
2018 lows capped ahead of this level. Bulls take comfort in the failure to
retest 2018 lows and the recovery Thursday. Bulls continue to look for a close
above 111.950 to shift initial focus to 111.985-112.035 and above 112.035 to
target 112.240 Dec highs. While 111.950 caps bears remain focused on tests of
2018 lows with overall focus on the 200-WMA (111.631).

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