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(H0) Surges Higher *RES 4: 112.284.....>

SCHATZ TECHS
SCHATZ TECHS: (H0) Surges Higher
*RES 4: 112.284 2.382 projection of Jan 21 - Jan 31 rally from Feb 6 low
*RES 3: 112.253 2.236 projection of Jan 21 - Jan 31 rally from Feb 6 low
*RES 2: 112.201 2.00 projection of Jan 21 - Jan 31 rally from Feb 6 low
*RES 1: 112.195 Intraday high
*PRICE: 112.190 @ 05:05 GMT Feb 27
*SUP 1: 112.095 High Jan 31 and Feb 3
*SUP 2: 112.080 Low Feb 25
*SUP 3: 112.040 Low Feb 24
*SUP 4: 112.022 50-day EMA
Schatz futures continue to rally. This week has seen price action clear
resistance at 112.065, Feb 18 high and more importantly resistance at 112.095,
the Jan 31 and Feb 3 high. The breach of the latter confirmed a resumption of
the recovery that began on Jan 21 and sets the scene for an extension higher
near-term. The focus is on 112.201 next and 112.253, both Fibonacci projections.
On the downside, initial support is seen at 112.095.

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