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(M18) 111.940-990 Resistance Region....>

SCHATZ TECHS
SCHATZ TECHS: (M18) 111.940-990 Resistance Region Now Key
*RES 4: 112.065 Monthly Low Sept 21 now resistance (Cont) 
*RES 3: 112.050 2018 High Mar 5 (Cont) 
*RES 2: 111.990 Monthly High Mar 28 
*RES 1: 111.940 Lows Apr 4 & 5 now resistance
*PREVIOUS CLOSE: 111.920
*SUP 1: 111.898 21-DMA 
*SUP 2: 111.869 100-DMA 
*SUP 3: 111.855 Low Mar 15 
*SUP 4: 111.830 Low Mar 14
*COMMENTARY: Topside hesitation has taken its toll with immediate focus back on
111.855-898 where 21 & 100-DMas are located. Overall bears now look for a close
below 111.855 to target 111.776-805 where the 55-DMA is noted. Bulls now need a
close above 111.940 to gain breathing room and above 111.990 to kick start
bullish momentum and reconfirm focus on 112.050-065.

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