(Z18) Finding Some Stability *RES 4:...>

SCHATZ TECHS: (Z18) Finding Some Stability

*RES 4: 111.970 High Sep 3 

*RES 3: 111.903 55-dma 

*RES 2: 111.895 High Sep 6 

*RES 1: 111.855 High Sep 13 

*PREVIOUS CLOSE: 111.800 

*SUP 1: 111.720 Low May 15 

*SUP 2: 111.700 Support 

*SUP 3: 111.675 Low Apr 24 

*SUP 4: 111.650 Low Mar 13 

The Schatz has found some stability following its recent selloff, managing to

close above 111.800 to shift the near-term outlook neutral. The broader bearish

trend remains dominant but a break above the Sep 13 high would allow the 55-dma

at 111.903 to come into focus. Above here would shift the outlook bullish. For

bears, the focus remains on the May 15 low.