(Z17) 112.230 Resistance Remains Key...>

SCHATZ TECHS: (Z17) 112.230 Resistance Remains Key

*RES 4: 112.215 High Oct 4 

*RES 3: 112.195 Hourly support Oct 4a now resistance 

*RES 2: 112.180 Hourly support Oct 4 now resistance 

*RES 1: 112.165 High Oct 5

*PREVIOUS CLOSE: 112.145

*SUP 1: 112.130 Low Oct 5 

*SUP 2: 112.110 Low Oct 3 

*SUP 3: 112.090 Low Sept 28, 55-DMA 

*SUP 4: 112.065 Low Sept 21

*COMMENTARY: The lack of topside follow through on the pop above the 100-DMA

Wednesday has left the contract looking heavy with bears looking for a move back

to 112.065-090 to end the week. Bears need a close below 112.065 to confirm a

bearish bias and initially target 111.985-112.015. Bulls continue to look for a

close above 112.230 to confirm initial focus on retests of 112.285 Sept highs.