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(M18) 112.460 Posted Before Seeing A...>

SCHATZ TECHS
SCHATZ TECHS: (M18) 112.460 Posted Before Seeing A Pullback
*RES 4: 112.510 76.4% Fibo of 112.750-111.720
*RES 3: 112.460 Intraday high
*RES 2: 112.400 Hourly resistance (2)
*RES 1: 112.380 Hourly resistance (1)
*PRICE: 112.340 @1533GMT
*SUP 1: 112.280 Hourly support
*SUP 2: 112.260 Initial intraday recovery high
*SUP 3: 112.220 Intraday hourly base
*SUP 4: 112.170 Intraday low
*COMMENTARY* Finally found a top at 112.460 today, before pulling back to
112.220, in order to reduce the near term overbought conditions. Now looking at
112.380-112.400 for initial resistance and the barrier to 112.460 return. Any
higher and the 76.4% Fibo retrace level at 112.510 comes into sight. In the
interim, look to 112.280-112.260 for support ahead of that 112.220 level again,
beneath which rests the day's 112.170 low.

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