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

SCHATZ TECHS
SCHATZ TECHS: (Z17) Below 112.230 To Shift Focus Lower
*RES 4: 112.427 Daily Bull channel top 
*RES 3: 112.365 Monthly high Sept 5 (Cont) 
*RES 2: 112.315 High Oct 27 
*RES 1: 112.280 High Nov 1
*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: 112.170 55-DMA, Bull channel base
*COMMENTARY: Hesitation ahead of 2 week highs is a concern with the close below
112.270 easing immediate bullish pressure and seeing focus back on 112.230-240.
Bears look for a close below 112.230 to shift initial focus to 112.170-200 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 confirm focus on 112.365-455.

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