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(Z18) Uptrend Gains Traction *RES 4:...>

SCHATZ TECHS
SCHATZ TECHS: (Z18) Uptrend Gains Traction
*RES 4: 112.020 High Aug 17
*RES 3: 111.970 High Sep 3 
*RES 2: 111.895 High Sep 6 
*RES 1: 111.878 55-dma 
*PREVIOUS CLOSE: 111.870 
*SUP 1 111.800 High Oct 1 
*SUP 2 111.760 Low Oct 1 
*SUP 3 111.710 Low Sep 25,26,27 
*SUP 4 111.700 Support 
Bulls took out the Sep 13 high yesterday as the uptrend gains traction. The
55-dma acted as resistance yesterday and remains the focus for the bulls, above
which they can challenge the Sep 6 high. Bears need to push back below 111.800
to return the outlook neutral, while a break below Monday's lows at 111.760
would be needed shift the focus lower towards cycle lows at 111.710.

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