(Z18) Well Supported Above 55-DMA .....>

SCHATZ TECHS: (Z18) Well Supported Above 55-DMA 

*RES 4: 112.130 High Jul 2 (continuation chart) 

*RES 3: 112.080 High Aug 13,15,17 (continuation chart) 

*RES 2: 112.050 Double bottom target (continuation chart) 

*RES 1: 112.010 High Oct 18 

*PREVIOUS CLOSE: 111.935 

*SUP 1: 111.880 Low Oct 22 

*SUP 2: 111.869 55-dma 

*SUP 3: 111.745 Low Oct 11 

*SUP 4: 111.710 Low Sep 25,26,27 

The rally in Schatz futures remains intact above the 55-dma as bulls continue to

look to take out the Oct 18 high at 112.010 to reignite upside momentum extend

the rally to the double bottom target at 112.050. Above here lies the August

peak at 112.080. Bears need to break below yesterday's low and the 55-dma,

currently at 111.869, to open the Oct 11 low at 111.710 and return the focus to

the downside.