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(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.

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