(M18) 111.805-830 Support Region Key...>

SCHATZ TECHS: (M18) 111.805-830 Support Region Key

*RES 4: 111.945 Highs Apr 5 & 6 

*RES 3: 111.930 Highs Apr 10 & 13 

*RES 2: 111.905 21-DMA 

*RES 1: 111.890 High Apr 19

*PREVIOUS CLOSE: 111.875

*SUP 1: 111.830 Low Mar 14 

*SUP 2: 111.805 Low Mar 9 

*SUP 3: 111.715 Low Feb 27 

*SUP 4: 111.706 200-WMA

*COMMENTARY: The lack of follow through on dips below the 100-DMA (111.835)

resulted in pressure returning to 111.890. Bulls need a close above 111.890 to

ease bearish pressure and above 111.945 to confirm traction above the 21-DMA and

shift initial focus back to 111.982-990 where the Bollinger top is noted. Bears

continue to look for a close below 111.805 to confirm traction below DMAs and

initially target 111.715. The Bollinger base (111.828) is key concern for bears.