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

SCHATZ TECHS
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.

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