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(Z17) Rally Still Faltering At.........>

SCHATZ TECHS
SCHATZ TECHS: (Z17) Rally Still Faltering At 112.310
*RES 4: 112.410 Equality rise from 112.250
*RES 3: 112.390 0.1% volatility band
*RES 2: 112.350 38.2% Fibo of 113.310-111.760
*RES 1: 112.310 Oct 30, Nov 6, 7 & 8 highs
*PREVIOUS CLOSE: 112.270 
*SUP 1: 112.250 Nov 1, Nov 2 lows
*SUP 2: 112.220 Oct 4 high, now support
*SUP 3: 112.190 Hourly basing area Oct 18-19
*SUP 4: 112.150 Oct 25 low
*COMMENTARY* The 112.310 area has become a problem for the recent rally, being
halted here on several occasions now. That said, will need to lose 112.250
support, before there is scope to see some correction of gains from the 112.150
low of Oct 25. This would allow a gradual 112.220-112.190 fall next. A
successful challenge and break of that 112.310 level will target 112.350 next.

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