(H0) Watching The Directional..........>

SCHATZ TECHS: (H0) Watching The Directional Triggers

*RES 4: 112.045 High Nov 20

*RES 3: 112.030 High Nov 22

*RES 2: 112.020 High Nov 28, High Dec 4 and bull trigger

*RES 1: 112.005 High Dec 5 and Dec 9

*PRICE: 111.990 @ 04:59 GMT Dec 10

*SUP 1: 111.955 Low Dec 6

*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 traded higher yesterday although price remains below 112.02, Dec 4

high. Recent activity has highlighted 112.020, Dec 4 high and 111.915, Dec 2 low

as the key S/T directional triggers. If the recovery on Dec 3 is an early

bullish reversal signal, price will need to continue holding above 111.915. Note

in candle terms, price action on Dec 3 is a bullish engulfing and clearance of

112.020 would confirm a reversal. Sub 111.915 resumes the downtrend.