(H0) Bear Flag *RES 4: 112.101.........>

SCHATZ TECHS: (H0) Bear Flag

*RES 4: 112.101 138.2% retracement projection of the Jan 8 - Jan 21 decline

*RES 3: 112.095 High Jan 31 and Feb 3

*RES 2: 112.050 High Feb 5

*RES 1: 112.040 High Feb 11 and 13 and key near-term resistance

*PRICE: 112.015 @ 04:59 GMT Feb 14

*SUP 1: 111.985 Low Feb 6

*SUP 2: 111.975 Low Jan 28 and 29

*SUP 3: 111.962 61.8% retracement of the Jan 21 - Jan 31 rally

*SUP 4: 111.931 76.4% retracement of the Jan 21 - Jan 31 rally

H0 Schatz is consolidating. A near term bearish outlook remains in place and a

deeper correction of the rally between Jan 21 and Feb 3 is likely. The recent

consolidative price action has taken on the appearance of a bear flag, a

continuation pattern that reinforces a bearish theme. Attention is on 111.985,

the Feb 6 low and 111.962, a retracement level. On the upside, resistance is

seen at 112.040, the Feb 11 and 13 high.