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(Z17) 112-185/215 Support Remains......>

SCHATZ TECHS
SCHATZ TECHS: (Z17) 112-185/215 Support Remains Key
*RES 4: 112.360 Monthly high Sept 5 (Cont) 
*RES 3: 112.285 Monthly high Sept 8 
*RES 2: 112.250 Low Sept 8 & 11 now resistance 
*RES 1: 112.249 Daily Bull channel top
*PREVIOUS CLOSE: 112.225
*SUP 1: 112.215 High Oct 5 now support, Low Oct 17 
*SUP 2: 112.185 High Oct 10 now support 
*SUP 3: 112.170 Hourly resistance Oct 12 now support 
*SUP 4: 112.155 21-DMA
*COMMENTARY: Dips found support ahead of the 55-DMA (112.127) last week with
bulls taking comfort in a close above the key 112.230 resistance that sees
bullish focus back on 112.285 with a close above then targeting 112.360. Daily
studies have room to move before O/B becomes an issue. Bears still need a close
below 112.215 to gain breathing room and below 112.185 to shift focus back to
112.105-122 where the 55-DMA is situated.

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