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(U18) Resistance At 21-DMA *RES 4:.....>

SCHATZ TECHS
SCHATZ TECHS: (U18) Resistance At 21-DMA
*RES 4: 112.011 55-DMA 
*RES 3: 112.000 Low July 5, July 16 now resistance 
*RES 2: 111.976 21-DMA 
*RES 1: 111.970 High August 3 
*PREVIOUS CLOSE: 111.940 
*SUP 1: 111.915 Hourly low August 3 
*SUP 2: 111.885 Hourly Low August 2 
*SUP 3: 111.850 Low August 1 
*SUP 4: 111.815 May 22 High now support 
Monday's price action was lackluster with prices consolidating their gains from
Friday, with Friday's peak of 111.970 the next level of resistance. Beyond this,
the 21-DMA comes in at 111.976, and a break above here would suggest further
gains ahead. Bears need to close below 111.915 to shift the focus back low and
retest the August 1 lows. 

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