(H9) 55-DMA Continues To Act As........>

SCHATZ TECHS: (H9) 55-DMA Continues To Act As Support 

*RES 4: 112.105 High Dec 6 (continuation chart) 

*RES 3: 112.015 High Jan 2 

*RES 2: 111.995 High Jan 15 

*RES 1: 111.940 High Jan 22,23 

*PRICE: 111.910 @ 05:01 GMT Jan 28 

*SUP 1: 111.894 55-dma 

*SUP 2: 111.850 Low Dec 21 

*SUP 3: 111.770 Low Dec 13 

*SUP 4: 111.755 Low Nov 11 

Schatz futures continue to hold above their 55-dma on a closing basis despite

briefly breaking below it on Friday, which keeps the broader rally intact. Bulls

target a break above the 111.940 level to shift the focus to the Jan 15 high at

111.995. Above here would open the key Jan 2 high at 112.015. On the downside a

close below the 55-dma at 111.894 would shift the outlook bearish and open the

Dec 21 low at 111.850.