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(H0) Focus Is On Range Top *RES 4:.....>

SCHATZ TECHS
SCHATZ TECHS: (H0) Focus Is On Range Top
*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: 112.025 High Jan 29 and intraday high
*PRICE: 112.025 @ 04:54 GMT Jan 30
*SUP 1: 111.960 Low Jan 27
*SUP 2: 111.900 Low Jan 23
*SUP 3: 111.880 Low Jan 21 and key support
*SUP 4: 111.842 1.236 projection of Nov 20 - Jan 2 decline from Jan 8 high
H0 Schatz rebounded off the day low yesterday. From a technical standpoint
futures are still trading broadly sideways, although for now the focus remains
on further near-term gains within the range. Futures last week traded above
111.960, Jan 9 high signalling scope for a recovery. The next objective is key
resistance at 112.040, Jan 8 high. A break of this level would confirm a range
breakout and open 112.078, a Fibonacci projection. Support is at 111.960.

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