(H0) Vertical Climb *RES 4: 112.333....>

SCHATZ TECHS: (H0) Vertical Climb

*RES 4: 112.333 1.618 projection of Jan 21 - Jan 31 rally from Feb 6 low

*RES 3: 112.308 1.500 projection of Jan 21 - Jan 31 rally from Feb 6 low

*RES 2: 112.282 1.382 projection of Jan 21 - Jan 31 rally from Feb 6 low

*RES 1: 112.265 High Feb 27

*PRICE: 112.255 @ 05:01 GMT Feb 28

*SUP 1: 112.170 Low Feb 27

*SUP 2: 112.095 High Jan 31 and Feb 3

*SUP 3: 112.080 Low Feb 25

*SUP 4: 112.030 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. With bullish conditions still intact, further

gains are favoured near-term. The focus is on 112.282 next and 112.308, both

Fibonacci projections. On the downside, initial support is seen at 112.170.