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(Z17) 112.230 & 112.315 Levels.........>

SCHATZ TECHS
SCHATZ TECHS: (Z17) 112.230 & 112.315 Levels Remain Key
*RES 4: 112.474 Daily Bull channel top 
*RES 3: 112.365 Monthly high Sept 5 (Cont) 
*RES 2: 112.334 Bollinger band top 
*RES 1: 112.315 High Oct 27
*PREVIOUS CLOSE: 112.250
*SUP 1: 112.240 Low Oct 27 
*SUP 2: 112.230 High Oct 19 now support 
*SUP 3: 112.217 Daily Bull channel base 
*SUP 4: 112.206 55-DMA
*COMMENTARY: Hesitation ahead of previous week's highs remains a concern for
bulls. Bulls continue to look for a close above 112.315 to end correction talk
and confirm focus on 112.365-474 where the bull channel top is located. Bears
continue to look for a close below 112.230 to confirm a break of the 21-DMA
(112.259) and shift focus to 112.180-217 where the bull channel base and 55-DMA
are situated.

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