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(U18) June 14 Lows Give Way *RES 4:...>

SCHATZ TECHS
SCHATZ TECHS: (U18) June 14 Lows Give Way 
*RES 4: 111.996 21-DMA 
*RES 3: 111.966 High July 30 
*RES 2: 111.945 High July 31 
*RES 1: 111.884 100-DMA 
*PREVIOUS CLOSE: 111.865 
*SUP 1: 111.850 Low August 1 
*SUP 2: 111.815 Low May 22 
*SUP 3: 111.790 May 10 High now support 
*SUP 4: 111.710 Low May 15 
The schatz continues to underperform as the June 14 lows have been taken out
with ease and little support is now evident until the mid-May lows as the
downtrend gathers pace. Bulls will need a move back above the 100-DMA to gain
some breathing room, but the broader downtrend remains intact below the 21-DMA
at 111.996.

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