(H19) Poised For Gains *RES 4:.........>

SCHATZ TECHS: (H19) Poised For Gains

*RES 4: 112.350 Inverse head-and-shoulders target (continuation chart) 

*RES 3: 112.080 High Aug 13,15,17 (continuation chart) 

*RES 2: 111.980 High Dec 4,5 

*RES 1: 111.920 High Dec 14 

*PRICE: 111.910 @ 04:44 GMT Dec 18 

*SUP 1: 111.827 55-dma 

*SUP 2: 111.770 Low Dec 13 

*SUP 3: 111.765 Low Nov 8 

*SUP 4: 111.710 Low Sep 26 

The broader positive trend in Schatz futures remains intact following last

week's major bullish reversal, with a break above Friday's high at 111.920

needed to to target the Dec 4,5 highs at 111.980. Above here would bring the

focus back to the 112.080 level on the continuation chart. On the downside,

bears look for a close below the 55-dma at 111.827 to shift the outlook bearish

and open the Dec 13 lows at 111.770.