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(Z17) Below 112.215 Targets............>

SCHATZ TECHS
SCHATZ TECHS: (Z17) Below 112.215 Targets 112.130-165
*RES 4: 112.309 Daily Bull channel top 
*RES 3: 112.305 Low Mar 7 now resistance 
*RES 2: 112.285 High Sept 8, Bollinger band top
*RES 1: 112.260 Hourly resistance Sept 8
*PREVIOUS CLOSE: 112.245
*SUP 1: 112.230 Low Sept 8 & 11 
*SUP 2: 112.215 Hourly resistance Sept 7 now support 
*SUP 3: 112.195 Hourly resistance Sept 7a now support 
*SUP 4: 112.185 Daily Bull channel base
*COMMENTARY: The daily bull channel top continues to cap with Friday's sell-off
less than ideal for bulls as the Bollinger top (112.285) limits follow through.
Bears look for a close below 112.215 to signal a correction back to 112.130-165
where the 21-DMA is located. Initial resistance is noted at 112.260 with bulls
needing a close above to ease pressure on 112.215 and retain focus on
112.305-345 where the bull channel top and 100-DMA are situated.

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