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(H18) Bears Remain Focused On..........>

SCHATZ TECHS
SCHATZ TECHS: (H18) Bears Remain Focused On 200-WMA
*RES 4: 111.950 High Jan 23 
*RES 3: 111.920 High Feb 6 
*RES 2: 111.895 High Feb 7 
*RES 1: 111.840 Low Feb 5 now resistance
*PREVIOUS CLOSE: 111.815
*SUP 1: 111.785 Hourly support Jan 29, Bollinger band base 
*SUP 2: 111.765 2018 Low Jan 29 
*SUP 3: 111.750 Monthly Low May 3 2016 
*SUP 4: 111.631 200-WMA
*COMMENTARY: 111.950 resistance confirmed significance with the recovery from
2018 lows capped and the contract again looking a little heavy. The close back
below 111.840 reconfirms immediate focus on 2018 lows and overall focus on tests
of 200--WMA. Layers of resistance have again started to build. Bulls continue to
look for a close above 111.950 to confirm a break of the bear channel top
(111.923) and shift initial focus to 111.985-112.035 where key DMAs are noted.

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