(H18) Triple Daily Bottom Now In.......>

SCHATZ TECHS: (H18) Triple Daily Bottom Now In Place

*RES 4: 112.190 High Dec 11 

*RES 3: 112.125 100-DMA 

*RES 2: 112.111 55-DMA 

*RES 1: 112.075 Hourly resistance Dec 19

*PREVIOUS CLOSE: 112.045

*SUP 1: 112.025 Monthly Lows Oct 26 & Nov 30, Low Dec 19 

*SUP 2: 112.020 Bollinger band base 

*SUP 3: 111.945 Low Aug 8 

*SUP 4: 111.855 Low July 21

*COMMENTARY: The close below the 55-DMA has now seen a test of 112.025 with a

triple daily bottom now in place. Bears continue to look for a close below

112.025 to confirm a shift in immediate focus to 111.855-945. The Bollinger base

remains the key concern for bears and limits follow through. Key DMAs remain

clustered 112.111-125 with bulls needing a close above the 100-DMA to confirm an

easing of bearish pressure and to shift focus back to 112.190-240.