(H0) Breaks To Fresh Trend Low *RES....>

SCHATZ TECHS: (H0) Breaks To Fresh Trend Low

*RES 4: 112.060 1.00 projection of Dec 2 Dec 4 rally from Dec 6 low

*RES 3: 112.045 High Nov 20

*RES 2: 112.020 High Nov 28, Dec 4 and Dec 12

*RES 1: 111.995 High Dec 18

*PRICE: 111.905 @ Close Dec 30

*SUP 1: 111.895 Low Dec 30

*SUP 2: 111.890 1.00 projection of Nov 20 - Dec 2 decline from Dec 4 high

*SUP 3: 111.859 1.236 projection of Nov 20 - Dec 2 decline from Dec 4 high

*SUP 4: 111.840 1.382 projection of Nov 20 - Dec 2 decline from Dec 4 high

H0 Schatz was under pressure yesterday trading to a fresh trend low of 111.895.

This confirms a resumption of the broader downtrend that has been in place since

late-August and maintains the bearish price sequence of lower lows and lower

highs. With further weakness likely in the new year, attention is on 111.890 and

111.895 next, both Fibonacci projections. Near-term key resistance has been

defined at 111.995, Dec 18 high.