(H9) Bulls Bounce Back *RES 4:.........>

SCHATZ TECHS: (H9) Bulls Bounce Back

*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: 111.915 @ 04:37 GMT Feb 4 

*SUP 1: 111.845 Low Jan 31 

*SUP 2: 111.800 Up trendline support from Sep lows (continuation chart) 

*SUP 3: 111.770 Low Dec 13 (continuation chart) 

*SUP 4: 111.710 Low Sep 24,25,26 (continuation chart) 

Schatz futures recovered the 111.900 level on Friday shifting the focus back to

the upside and bringing the Jan 22,23 highs at 111.940 back into play. Above

here would suggest a return to the Jan 15 high at 111.995 ahead of the Jan 2 ytd

highs at 112.015. Bears target the Jan 31 low at 111.845, below which would open

up trendline support from the Sep lows at 111.800 ahead of the Dec 13 low at

111.770.