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(Z17) Bulls Need Close Above 21-DMA....>

SCHATZ TECHS: (Z17) Bulls Need Close Above 21-DMA
*RES 4: 112.285 High Nov 15 
*RES 3: 112.257 21-DMA 
*RES 2: 112.240 Low Oct 27 now resistance 
*RES 1: 112.235 High Nov 28
*SUP 1: 112.163 Daily Bear channel base 
*SUP 2: 112.150 Low Oct 25 
*SUP 3: 112.126 100-DMA 
*SUP 4: 112.105 Low Oct 6
*COMMENTARY: Oscillation around the 55-DMA (112.204) continues with the contract
remaining heavy and immediate focus now on 112.126-163 where the bear channel
base and 100-DMA are situated. Bulls now need a close above the 21-DMA to ease
bearish pressure and to shift focus back to 112.285-315. O/S daily studies and
the Bollinger band base (112.187) remain key concerns for bears with potential
to limit follow through.

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