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(Z17) Rejected Ahead Of 112.230 *RES...>

SCHATZ TECHS
SCHATZ TECHS: (Z17) Rejected Ahead Of 112.230
*RES 4: 112.230 Low Sept 8 & 11 now resistance 
*RES 3: 112.215 High Oct 4 
*RES 2: 112.195 Hourly support Oct 4a now resistance 
*RES 1: 112.180 Hourly support Oct 4 now resistance
*PREVIOUS CLOSE: 112.170
*SUP 1: 112.155 Low Oct 4 
*SUP 2: 112.135 Alternating hourly support/resistance 
*SUP 3: 112.110 Low Oct 3 
*SUP 4: 112.090 Low Sept 28
*COMMENTARY: Pressure on the 112.180 resistance took its toll with a pop above
the 100-DMA (112.199) only to be aggressively rejected ahead of the 112.230
resistance. Bulls need a close above 112.230 to confirm initial focus on retests
of 112.285 Sept highs. The contract is looking a little heavy with bears now
needing a close below 112.135 to gain breathing room and return initial focus to
112.065-090 where the 55-DMA (112.083) is situated.

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