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(Z17) 112.250-285 Resistance Region....>

SCHATZ TECHS
SCHATZ TECHS: (Z17) 112.250-285 Resistance Region Key
*RES 4: 112.267 Daily Bull channel top 
*RES 3: 112.250 Low Sept 8 & 11 now resistance 
*RES 2: 112.230 High Oct 19 
*RES 1: 112.220 High Oct 23
*PREVIOUS CLOSE: 112.210
*SUP 1: 112.180 Low Oct 20 
*SUP 2: 112.174 21-DMA 
*SUP 3: 112.170 Hourly resistance Oct 12 now support 
*SUP 4: 112.143 55-DMA
*COMMENTARY: Hesitation around the daily bull channel top resulted in a
correction and a dip below 112.185. Follow through has so far been lacking with
the 21 & 55-DMA supports key this week. Bears look for a close below the 21-DMA
to ease bullish pressure and below the 55-DMA to add weight to the case for a
test of 112.065 Sept lows. Bulls look for a close above 112.250 to ease bearish
pressure and above 112.285 to target 112.360.

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