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(M18) Pressure Now On 100-WMA *RES.....>

SCHATZ TECHS
SCHATZ TECHS: (M18) Pressure Now On 100-WMA
*RES 4: 112.160 Weekly low Dec (Cont) now resistance 
*RES 3: 112.150 Weekly Bear channel top off 2017 high 
*RES 2: 112.115 High Dec 18 (Cont) 2018 High May 25 
*RES 1: 112.112 100-WMA
*PREVIOUS CLOSE: 112.105
*SUP 1: 112.065 Alternating support/resistance 
*SUP 2: 112.050 High Mar 5 (Cont) & May 24 now support 
*SUP 3: 111.985 Low May 24 
*SUP 4: 111.945 Highs Apr 5 & 6 now support
*COMMENTARY: Gains continued Friday for the contract with focus now on
112.112/160 where the weekly bear channel top off 2017 highs and 100-WMA are
noted. Bulls need a close above 112.160 to confirm breaks and shift focus to the
double daily top at 112.360. Bears now need a close below 112.050 to gain
breathing room and below 111.985 to shift focus back to 111.870-930 where 55 &
100-DMAs and a daily bull channel base are situated.

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