(H19) Fails To Post New Highs *RES.....>

SCHATZ TECHS: (H19) Fails To Post New Highs

*RES 4: 112.460 High May 29 

*RES 3: 112.350 Inverse head-and-shoulder target (continuation chart) 

*RES 2: 112.080 High Aug 13,15,17 (continuation chart) 

*RES 1: 111.980 High Dec 4,5 

*PREVIOUS CLOSE: 111.915 

*SUP 1: 111.850 Low Dec 3 

*SUP 2: 111.798 55-dma 

*SUP 3: 111.765 Low Nov 8 

*SUP 4: 111.710 Low Sep 26 

Schatz futures rallied yesterday but were unable to take out the 111.980 highs

seen on Tuesday and Wednesday. This opens the potential for a bearish reversal

with bears now targeting the Dec 3 lows at 111.850 to regain downside momentum.

Below here opens the 55-dma at 111.798. Bulls need to break above 111.980 to

extend the rally towards the mid-August highs.