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

SCHATZ TECHS
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.

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