(H0) Looking For A Break Lower *RES....>

SCHATZ TECHS: (H0) Looking For A Break Lower

*RES 4: 112.101 138.2% retracement projection of the Jan 8 - Jan 21 decline

*RES 3: 112.095 High Jan 31 and Feb 3

*RES 2: 112.050 High Feb 5

*RES 1: 112.040 High Feb 11 and key near-term resistance

*PRICE: 112.000 @ 04:51 GMT Feb 13

*SUP 1: 111.985 Low Feb 6

*SUP 2: 111.975 Low Jan 28 and 29

*SUP 3: 111.962 61.8% retracement of the Jan 21 - Jan 31 rally

*SUP 4: 111.931 76.4% retracement of the Jan 21 - Jan 31 rally

H0 Schatz is still seen likely to retrace further the recent rally seen in the

second half of January and unwind the recent overbought condition. Furthermore,

the rejection off Monday's high is an early signal the recent corrective bounce

has run its course and that bearish pressure has returned. Attention is on

111.985, the Feb 6 low and 111.962, a retracement level. On the upside,

resistance is seen at 112.040, the Feb 11 high.