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(Z17) Immediate Focus On 112.305.......>

SCHATZ TECHS
SCHATZ TECHS: (Z17) Immediate Focus On 112.305
*RES 4: 112.440 Low Feb 28 now resistance 
*RES 3: 112.410 Highs Mar 7 & 8 
*RES 2: 112.305 Low Mar 7 now resistance 
*RES 1: 112.260 High Sept 5
*PREVIOUS CLOSE: 112.260
*SUP 1: 112.250 Hourly support Sept 5 
*SUP 2: 112.230 Breakout level Sept 5 
*SUP 3: 112.210 Hourly support Sept 5a 
*SUP 4: 112.195 Low Sept 5
*COMMENTARY: Bulls continue to dominate with the Bollinger top (112.234) the key
concern. Immediate bullish focus has shifted to 112.305 and then 112.410-440 on
a close above. Layers of support add to the bullish case. Bears now look for a
close below 112.230 to ease bullish pressure and below 112.175 to shift initial
pressure back to 112.090-135 where the 21-DMA (112.096) is situated. Below
112.090 is needed to end bullish hopes and target 111.945-112.015.

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