(H9) Bears Look To Consolidate Break...>

SCHATZ TECHS: (H9) Bears Look To Consolidate Break Below 55-DMA

*RES 4: 112.015 High Jan 2 

*RES 3: 111.995 High Jan 15 

*RES 2: 111.940 High Jan 22,23 

*RES 1: 111.898 55-dma

*PRICE: 111.890 @ 04:53 GMT Jan 31

*SUP 1: 111.865 Low Jan 30 

*SUP 2: 111.850 Low Dec 21 

*SUP 3: 111.770 Low Dec 13 

*SUP 4: 111.755 Low Nov 11 

Schatz futures have shrugged off global upside pressure in bond prices, breaking

below the 55-dma yesterday and remaining below it today. Yesterday's low of

111.865 is the downside target for the bears, below which would open the Dec 21

low at 111.850. On the upside bulls look to recover the 55-dma at 111.898 to

shift the outlook neutral, above which would open the 111.940 level marking the

Jan 22,23 highs.