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(H18) Bears Need Close Below 111.970...>

SCHATZ TECHS
SCHATZ TECHS: (H18) Bears Need Close Below 111.970
*RES 4: 112.145 55-WMA (Cont) 
*RES 3: 112.115 High Dec 18 
*RES 2: 112.107 100-WMA (Cont) 
*RES 1: 112.050 2018 High Mar 5
*PREVIOUS CLOSE: 112.020
*SUP 1: 112-015 100-DMA 
*SUP 2: 111.985 Hourly resistance Mar 1 now support 
*SUP 3: 111.970 Highs Feb 26 & 28 now support 
*SUP 4: 111.945 Hourly resistance Feb 28 now support
*COMMENTARY: Higher daily highs and lows continue but topside follow through
remains lacking with the Bollinger top noted at 112.016. The 100-DMA is now
supporting with 111.970-985 support region key. Bears need a close below 111.970
to shift focus back to 111.895-926 where 21 (111.915) & 55 (111.926) DMAs are
situated. Bulls now need a close above 112.050 to confirm focus on 112.107-145
where 55 & 100-WMAs are noted.

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