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(M18) Bulls Targeting Double Monthly...>

SCHATZ TECHS
SCHATZ TECHS: (M18) Bulls Targeting Double Monthly Top 112.365
*RES 4: 112.430 High Apr 20 2017 (Cont) 
*RES 3: 112.365 Monthly highs Dec 6 & Sept 5 
*RES 2: 112.305 Low Dec 6 (Cont) now resistance 
*RES 1: 112.235 2018 High May 28, High Dec 8 (Cont)
*PREVIOUS CLOSE: 112.230
*SUP 1: 112.160 Hourly resistance May 28 now support 
*SUP 2: 112.115 High Dec 18 (Cont) & May 25 now support 
*SUP 3: 112.035 Low May 28 
*SUP 4: 111.985 Low May 24
*COMMENTARY: Bulls remain firmly in control and following the close above the
weekly bear channel top off 2017 highs Monday sees focus on tests of the double
monthly top at 112.365. O/B studies and the Bollinger top (112.104) remain key
concerns for bulls. Bears now look for a close below 112.115 to ease bullish
pressure and below 112.035 to shift focus back to 111.918-947 where 21 & 55-DMAs
are located.

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