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(Z18) Bearish Trend Intensifies *RES...>

SCHATZ TECHS
SCHATZ TECHS: (Z18) Bearish Trend Intensifies
*RES 4: 112.130 High Jul 2 (Continuation chart) 
*RES 3: 112.020 High Aug 20 
*RES 2: 111.970 High Sep 3 
*RES 1: 111.958 55-dma 
*PREVIOUS CLOSE: 111.860 
*SUP 1: 111.850 Low Aug 1 (Continuation chart) 
*SUP 2: 111.845 Low May 15 (Continuation chart) 
*SUP 3: 111.830 Low Apr 24 (Continuation chart) 
*SUP 4: 111.805 Low Mar 9 (Continuation chart) 
The Dec-18 Schatz broke cleanly below support at the Aug 29 and bears are
looking for a close below the Aug 1 low to build on the downside momentum. Bulls
need to recover the 55-dma to allow them to target the Aug 20 peak. A break
above here would shift the focus back to the May 30 spike high.

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