(M18) 111.805-855 Support Region Key...>

SCHATZ TECHS: (M18) 111.805-855 Support Region Key Today

*RES 4: 112.065 Monthly low Sept 2017 

*RES 3: 112.050 2018 High Mar 5 

*RES 2: 111.945 Low Mar 8 now resistance 

*RES 1: 111.894 100-DMA

*PREVIOUS CLOSE: 111.875

*SUP 1: 111.855 Low Mar 15 

*SUP 2: 111.830 Low Mar 14 

*SUP 3: 111.805 Low Mar 9 

*SUP 4: 111.760 Hourly resistance Mar 8 now support

*COMMENTARY: Immediate pressure remains on the 100-DMA and bull channel top with

a close above the 100-DMA now needed to hint at a move to 112.050-065 and above

111.945 to confirm. Layers of support continue to emerge and add to bullish

confidence. Bears now need a close below 111.855 to gain breathing room and

below 111.805 to target a correction back to 111.715. The Bollinger top

(111.892) remains the key concern for bulls and limits follow through.