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(H0) Cracks Key Resistance *RES 4:.....>

SCHATZ TECHS
SCHATZ TECHS: (H0) Cracks Key Resistance
*RES 4: 112.150 2.00 projection of Jan 21 - Jan 31 rally from Feb 6 low
*RES 3: 112.150 1.764 projection of Jan 21 - Jan 31 rally from Feb 6 low
*RES 2: 112.119 1.618 projection of Jan 21 - Jan 31 rally from Feb 6 low
*RES 1: 112.110 High Feb 24
*PRICE: 112.085 @ 04:57 GMT Feb 25
*SUP 1: 112.040 Low Feb 24
*SUP 2: 112.010 Low Feb 21
*SUP 3: 111.985 Low Feb 6 and key support
*SUP 4: 111.975 Low Jan 28 and 29
Schatz futures rallied yesterday to clear resistance at 112.065, Feb 18 high and
more importantly resistance at 112.095, the Jan 31 and Feb 3 high. The breach of
the latter confirms a resumption of the recovery that began on Jan 21 and sets
the scene for extension higher near-term. The focus is on 112.119 next, a
Fibonacci projection. On the downside, support is seen at yesterday's low of
112.040.

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