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(H0) Firmer *RES 4: 112.045 High Nov...>

SCHATZ TECHS
SCHATZ TECHS: (H0) Firmer
*RES 4: 112.045 High Nov 20
*RES 3: 112.030 High Nov 21
*RES 2: 112.020 High Nov 28, Dec 4 and Dec 12
*RES 1: 112.000 Intraday high
*PRICE: 111.995 @ 04:59 GMT Jan 6
*SUP 1: 111.930 Friday's low
*SUP 2: 111.885 Low Jan 2
*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 is firmer following the strong rebound late last week with price
action taking on a more bullish stance. The break above resistance at 111.995
Dec 18 high signals potential for a stronger near-term recovery with attention
on the key congestive resistance at 112.020. This is the high on Nov 28, Dec 4
and Dec 12. A break of this resistance would signal the start of a stronger
reversal. On the downside, support is at 111.930, Friday's low.

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