(H0) Constructive Above 112.00 *RES....>

SCHATZ TECHS: (H0) Constructive Above 112.00

*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 and key bull trigger

*RES 2: 112.069 76.4% retracement of the Feb 3 - Feb 6 decline

*RES 1: 112.065 High Feb 18

*PRICE: 112.025 @ 05:10 GMT Feb 19

*SUP 1: 111.985 Low Feb 6 and key support

*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

Schatz futures inched lower Tuesday, but move did little to change underlying

bullish picture. Futures have breached resistance at 112.040, and for now this

places on hold the possibility of a deeper corrective pullback. Instead, the

move higher signals scope for a stronger recovery with attention on key

resistance/bull trigger at 112.095, the Jan 31 & Feb 3 high. A break would

confirm resumption of rally that began Jan 21. Key support defined at 111.985.