(U18) 55-DMA Acts As Resistance .......>

SCHATZ TECHS: (U18) 55-DMA Acts As Resistance 

*RES 4: 112.270 High May 30 

*RES 3: 112.130 High July 2 

*RES 2: 112.080 High July 6/Aug13,15,17 

*RES 1: 112.012 55-dma 

*PREVIOUS CLOSE: 111.995 

*SUP 1: 111.925 Low Aug 29 

*SUP 2: 111.850 Low Aug 1 

*SUP 3: 111.815 May 22 

*SUP 4: 111.710 May 15 

The Sep-18 Schatz has failed to build on last-week's gains and remains stuck at

the 55-dma at 112.012. That said, bulls have the upper hand while ever the Aug 8

low of 111.920 remains intact with a close above the 55-dma needed to target the

Aug 17 peak. A break above here would shift the focus back to the May 30 spike

high. Bears need to close below 111.925 to shift the outlook back to negative.