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(U17) Above 112.190 Targets............>

SCHATZ TECHS
SCHATZ TECHS: (U17) Above 112.190 Targets 112.230/280
*RES 4: 112.280 Daily Bull channel top 
*RES 3: 112.230 Monthly High June 12 
*RES 2: 112.222 Bollinger band top 
*RES 1: 112.200 High Aug 21
*PREVIOUS CLOSE: 112.200
*SUP 1: 112.180 Hourly support Aug 21 
*SUP 2: 112.140 21-WMA 
*SUP 3: 112.130 High Aug 1, Daily bull channel base 
*SUP 4: 112.110 21-DMA
*COMMENTARY: Sideways trading 112.130-190 appears to have ended with a bullish
close above 112.190 that now sees bulls focused on the 112.230-280 region where
June highs and the daily bull channel top are located. Studies lingering at O/B
levels and the Bollinger top are key concern for bulls. Bears now need a close
below 112.160 to return pressure to 112.110-140 where 21 & 100-DMAs and the
21-WMA are situated.

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