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(Z17) 112.110 Support After Rally......>

SCHATZ TECHS
SCHATZ TECHS: (Z17) 112.110 Support After Rally Halted At 112.220
*RES 4: 112.260 0.1% volatility band
*RES 3: 112.220/230 Oct 4 high, Sep 8, Sep 11 lows
*RES 2: 112.200 Initial low Oct 4, now resistance
*RES 1: 112.170 Hourly resistance
*PRICE: 112.130 @1129GMT
*SUP 1: 112.110 Oct 2 low
*SUP 2: 112.090 Sep 28 low
*SUP 3: 112.060 Sep 21 low
*SUP 4: 112.020 Aug 17 low
*COMMENTARY* Support from 112.090 held and produced another bounce which broke
above near term resistance from between 112.180-112.200. This has seen a move
towards the base of the next likely target area from 112.230-112.260, as we
return towards last month's 112.280 high. As a result, support also on the rise,
112.110 now the near term protection to the downside.

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