(H0) Focus Is On A Climb Beyond........>

SCHATZ TECHS: (H0) Focus Is On A Climb Beyond 112.000

*RES 4: 112.078 123.6% retracement projection of the Jan 8 - Jan 21 decline

*RES 3: 112.045 High Nov 20

*RES 2: 112.040 High Jan 8 and bull trigger

*RES 1: 112.002 76.4% retracement of the Jan 8 - Jan 21 decline

*PRICE: 111.980 @ 05:00 GMT Jan 28

*SUP 1: 111.960 Low Jan 27

*SUP 2: 111.900 Low Jan 23

*SUP 3: 111.880 Low Jan 21

*SUP 4: 111.842 1.236 projection of Nov 20 - Jan 2 decline from Jan 8 high

H0 Schatz traded higher again yesterday and although futures are still trading

broadly sideways, for now the focus is on further near-term upside. Futures last

week traded above 111.960, Jan 9 high signalling scope for a recovery. The next

objective is 112.000 and beyond with key resistance at 112.040, Jan 8 high.

Support is seen at 111.960, Jan 27 low with key support still at 111.880, Jan 21

low.