(Z17) Below 112.230 To Shift Focus.....>

SCHATZ TECHS: (Z17) Below 112.230 To Shift Focus Lower

*RES 4: 112.423 Daily Bull channel top 

*RES 3: 112.365 Monthly high Sept 5 (Cont) 

*RES 2: 112.315 High Oct 27 

*RES 1: 112.270 Low Oct 30 now resistance

*PREVIOUS CLOSE: 112.265

*SUP 1: 112.240 Low Oct 27 

*SUP 2: 112.230 High Oct 19 now support 

*SUP 3: 112.200 Alternating hourly support/resistance 

*SUP 4: 112.166 55-DMA, Bull channel base

*COMMENTARY: Hesitation ahead of 2 week highs is a concern for bulls with the

close below 112.270 easing immediate bullish pressure and sees focus back on

112.230-240. Bears continue to look for a close below 112.230 to shift focus to

112.166-200 where the 21-DMA and bull channel base are found. Overall below the

55-DMA and channel base is needed to shift focus to 112.051-105 where the

100-DMA is noted. Bulls need a close above 112.315 to main focus on 112.365-455.