(H0) Still Trading Within The..........>

SCHATZ TECHS: (H0) Still Trading Within The Directional Triggers

*RES 4: 112.060 1.00 projection of Dec 2 Dec 4 rally from Dec 6 low

*RES 3: 112.045 High Nov 20

*RES 2: 112.030 High Nov 22

*RES 1: 112.020 High Nov 28, Dec 4 and Dec 12

*PRICE: 111.950 @ 04:54 GMT Dec 13

*SUP 1: 111.945 Intraday Low

*SUP 2: 111.920 Low Dec 3

*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 sold off sharply Thursday. From a directional perspective, futures are

still trading between 112.020, Dec 4 high and 111.915, Dec 2 low. These levels

are seen as the key short-term directional triggers. If the recovery on Dec 3 is

an early bullish reversal signal, price will need to clear 112.02. In candle

terms, the pattern on Dec 3 is a bullish engulfing and a break of 112.020 would

confirm a reversal. Sub 111.915 resumes the downtrend.