H19) Fails To Hit New Highs *RES 4:....>

SCHATZ TECHS: H19) Fails To Hit New Highs

*RES 4: 112.080 High Aug 13,15,17 (continuation chart) 

*RES 3: 112.050 Double bottom target (continuation chart) 

*RES 2: 112.035 High Oct 26 

*RES 1: 112.030 High Nov 15 

*PREVIOUS CLOSE: 111.895 

*SUP 1: 111.850 Low Dec 3 

*SUP 2: 111.783 55-dma 

*SUP 3: 111.765 Low Nov 8 

*SUP 4: 111.710 Low Sep 26 

Schatz futures continue to underperform failing to muster new highs yesterday.

This offers a note of caution but a break below yesterday's low at 111.850 is

needed to shift the outlook negative and target the 55-dma at 111.783. Bulls

look for a break of down trendline resistance from the Oct 26 high which comes

in at 112.020. Above here the Nov 15 and Oct 26 highs would come under pressure.