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(H18) Bears In Control While 111.950...>

SCHATZ TECHS
SCHATZ TECHS: (H18) Bears In Control While 111.950 Caps
*RES 4: 112.000 High Dec 21 & Jan 3 
*RES 3: 111.985 High Jan 11 
*RES 2: 111.950 High Jan 23 
*RES 1: 111.900 Hourly support Jan 25 now resistance
*PREVIOUS CLOSE: 111.895
*SUP 1: 111.905 Low Jan 24 
*SUP 2: 111.855 Low Jan 18 
*SUP 3: 111.844 Bollinger band base 
*SUP 4: 111.830 2018 Low Jan 12
*COMMENTARY: The contract continues to flirt with the 21-DMA (111.927) after the
lack of topside follow through on the break of 111.940. Bulls now look for a
close above 111.950 to confirm a break of the 21-DMA, shifting immediate focus
to 111.985-000 and overall focus to 55 & 100-DMAs 112.044-065. Immediate bearish
focus remains on 111.750 May 2016 monthly lows while 111.950 caps.

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