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(H0) Defines Directional Triggers......>

SCHATZ TECHS
SCHATZ TECHS: (H0) Defines Directional Triggers
*RES 4: 112.045 High Nov 20
*RES 3: 112.030 High Nov 22
*RES 2: 112.020 High Nov 28 and High Dec 4 plus bull trigger
*RES 1: 112.005 High Dec 5
*PRICE: 111.975 @ 04:43 GMT Dec 6
*SUP 1: 111.960 Low Dec 5
*SUP 2: 111.920 Low Dec 3Low Dec 2 and key bear trigger
*SUP 3: 111.915 Low Dec 2 and bear trigger
*SUP 4: 111.890 1.00 projection of Nov 20 - Dec 2 decline from Dec 4 high
H0 Schatz is off Wednesday's high. This weeks price action has highlighted
112.020, Dec 4 high and 111.915, Dec 2 low as the key near-term directional
triggers. If Tuesday's recovery is an early bullish reversal signal, price will
need to hold above 111.915 on the current pullback. Note that in candle terms,
Tuesday price action is a bullish engulfing reversal and clearance of 112.020
would confirm a reversal. Sub 111.915 resumes the primary downtrend.

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