(M18) Bears Now Need Close Below.......>

SCHATZ TECHS: (M18) Bears Now Need Close Below 111.915

*RES 4: 112.115 High Dec 18 (Cont) 

*RES 3: 112.065 Monthly Low Sept 21 now resistance (Cont) 

*RES 2: 112.050 2018 High Mar 5 (Cont) 

*RES 1: 111.970 High Mar 22

*PREVIOUS CLOSE: 111.955

*SUP 1: 111.915 High Mar 19 now support 

*SUP 2: 111.855 Low Mar 15 

*SUP 3: 111.830 Low Mar 14 

*SUP 4: 111.805 Low Mar 9

*COMMENTARY: Bulls take comfort from Thursday's gains with the close above

111.915 reconfirming bullish momentum and above 111.945 confirming initial focus

on 112-050/065. Layers of support accumulating adds to bullish confidence

although daily studies approaching O/B is less than ideal. In saying that, bears

now look for a close below 111.915 to ease bullish pressure and shift initial

focus back to 111.805-855 where the 21-DMA (111.827) is located.