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(U17) 112.215 Support Key Today *RES...>

SCHATZ TECHS
SCHATZ TECHS: (U17) 112.215 Support Key Today
*RES 4: 112.340 Low Apr 20 now resistance 
*RES 3: 112.320 Low Apr 5 now resistance 
*RES 2: 112.300 High Apr 24 now support, Bull channel top 
*RES 1: 112.290 Monthly High May 30
*PREVIOUS CLOSE: 112.235
*SUP 1: 112.215 Hourly support Aug 23 
*SUP 2: 112.185 Low Aug 23 
*SUP 3: 112.175 Low Aug 22 
*SUP 4: 112.150 Daily Bull channel base
*COMMENTARY: Sideways trading 112.130-190 ended with bullish closes above
112.190 that sees bulls focused on 112.290-340 where May highs and the bull
channel top are located. The Bollinger top (112.240) is the key concern for
bulls. Initial support is noted at 112.215 with bears needing a close below to
ease immediate bullish pressure and hint at a correction back to 112.130-185
where the bull channel base & 21-DMA are noted.

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