(M18) Above 111.915 To Retain..........>

SCHATZ TECHS: (M18) Above 111.915 To Retain Bullish Momentum

*RES 4: 112.050 2018 High Mar 5 

*RES 3: 111.945 Low Mar 8 now resistance 

*RES 2: 111.937 Bollinger band top 

*RES 1: 111.915 High Mar 19

*PREVIOUS CLOSE: 111.910

*SUP 1: 111.855 Low Mar 15 

*SUP 2: 111.830 Low Mar 14 

*SUP 3: 111.805 Low Mar 9 

*SUP 4: 111.776 Daily Bull channel base off Feb Low

*COMMENTARY: M18 is hesitating around the Bollinger band top with bulls needing

a close above 111.915 to maintain bullish momentum and above 111.945 to confirm

focus on 112.050-065. Bears look for a close below 111.855 to gain breathing

room and below 111.805 to target a correction back to 111.715 although the bull

channel base and 55-DMA (111.740) may support along the way. The Bollinger top

is the key concern for bulls and limits follow through.