(H0) Attempting A Recovery *RES 4:.....>

SCHATZ TECHS: (H0) Attempting A Recovery

*RES 4: 112.045 High Nov 20

*RES 3: 112.040 High Jan 8 and bull trigger

*RES 2: 111.960 High Jan 9

*RES 1: 111.945 High Jan 23

*PRICE: 111.925 59 @ 04:55 GMT Jan 24

*SUP 1: 111.880 Low Jan 21

*SUP 2: 111.842 1.236 projection of Nov 20 - Jan 2 decline from Jan 8 high

*SUP 3: 111.819 1.382 projection of Nov 20 - Jan 2 decline from Jan 8 high

*SUP 4: 111.800 1.500 projection of Nov 20 - Jan 2 decline from Jan 8 high

H0 Schatz traded higher yesterday and although still consolidating, is

displaying an attempt to pull away from its recent low of 111.880 on Jan 21.

Futures traded above initial resistance at 111.930, Jan 10 high and this signals

near-term potential for a possible recovery. If correct, the next objective is

111.960, Jan 9 high. We cannot ignore the potential for a return lower. A

111.880 would confirm a resumption of the downtrend and open 111.842.