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(Z17) Correction Continues As..........>

SCHATZ TECHS
SCHATZ TECHS: (Z17) Correction Continues As 112.170 Support Gives Way
*RES 4: 112.320/330 0.1% vol band, 38.2% of 113.310-111.730
*RES 3: 112.280 Sep 8 high
*RES 2: 112.250 Sep 11 high
*RES 1: 112.200/220 Hourly resistance
*PRICE: 112.150 @1104GMT
*SUP 1: 112.120 Sep 15 low
*SUP 2: 112.090/010 Aug 25 low, 0.1% volatility band
*SUP 3: 112.070 38.2% Fibo of 111.730-112.280
*SUP 4: 112.030 Aug 17 low
*COMMENTARY* This month saw a rally through the swing target at 112.220, a high
of 112.280 attained, before again submitting to some overbought conditions. This
so far leaves us shy of a look at the swing target at 112.320 and Fibo retrace
level at 112.330. Meanwhile support from 112.170 has gone, loss here cautions
and suggests a deeper correction of gains from July's 111.73 low is required.

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