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(M18) 112.020 Support Holds And........>

SCHATZ TECHS: (M18) 112.020 Support Holds And Prompts Impressive Rise
*RES 4: 112.250 Oct 16 high
*RES 3: 112.220 0.2% volatility band
*RES 2: 112.200 Dec 7 high 
*RES 1: 112.190 Intraday high
*PRICE: 112.190 @1600GMT
*SUP 1: 112.150/160 Hourly support
*SUP 2: 112.110 May 25 high, now support
*SUP 3: 112.080 Initial intraday recovery high, now support
*SUP 4: 112.030 Intraday low
*COMMENTARY* Friday's rise exceeded the anticipated 112.090 area, a brief rally
to 112.110, before being quickly reversed at the opening today and bringing us
back below the upper 0.1% volatility band. Held above 112.020 support proceeded
to blow away all resistance ahead of the Dec 7 high and 0.2% volatility band
between 112.200-112.220. Support comes from 112.160-112.150, Friday's 112.110
high of more consequence below.

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